The USD/JPY pair went back and forth during the course of the day on Thursday, forming a fairly neutral candle just below the 108 level. Because of this, we feel that this market could very well bounce...
USDJPY is in consolidation of the uptrend from 101.06 (Jul 10 low). Range trading between 107.00 and 110.08 would likely be seen over the next several days. As long as 107.00 support holds, the uptrend could be...
USDJPY appears to be having trouble sustaining its gains past the 110.00 major psychological resistance, as a double top pattern has formed on its 4-hour time frame. Price is currently testing the neckline around the 108.00 handle....
USDJPY broke below 108.00 support, indicating that lengthier consolidation for the uptrend from 101.06 (Jul 10 low) is needed. Range trading between 107.00 and 110.08 would likely be seen over the next several days. However, the uptrend...
The USD/JPY pair fell during the course of the day on Monday, testing the 108.50 support area. We think that there is support all the way down to the 108 handle, so we have no interest whatsoever...
USDJPY stays in the trading range between 108.00 and 110.08. As long as 108.00 support holds, the price action in the range could be treated as consolidation of the uptrend from 101.06 (Jul 10 low), another rise...
USDJPY is facing 110.08 resistance, a break above this level will indicate that the uptrend from 101.06 (Jul 10 low) has resumed, then next target would be at 113.00 area. However, as long as 110.08 resistance holds,...
USDJPY stays in the upward price channel on daily chart. As long as the channel support holds, the uptrend from 101.06 could be expected to continue, and next target would be at 115.00 area. On the downside,...
The USD/JPY pair broke higher during the course of the session on Friday, breaking the top of the hammer, heading into the 110 level. The 110 level above of course is massively resistive, and as a result...
USDJPY broke below 108.24 support, indicating that consolidation of the uptrend from 101.06 (Jul 10 low) is underway. Range trading between 107.00 and 110.08 would likely be seen over the next several days. Key support is at...
