The USD/JPY pair fell from the 110 level during the session on Wednesday, proving that we are not quite ready to continue the next leg higher. However, with the nonfarm payroll numbers coming out on Friday, we...
USDJPY is facing 108.24 support, a breakdown below this level will signal completion of the uptrend from 101.50, then deeper decline to 107.00 area could be seen. On the upside, as long as 108.24 support holds, the...
The USD/JPY pair went higher during the course of the day on Tuesday, testing the 110 level again. That level has been resistive, and showed it strength again during the session. However, we believe that the 110...
USDJPY continued its upward movement from 101.50, and the rise extended to as high as 110.08. Further rise could be expected, and next target would be at 112.00 area. Near term support is at 109.10, and the...
The USD/JPY pair went and forth during the session on Monday, as we continue to hang out just below the 110 level. That area is significant resistance, so we believe that it’s going to take a significant...
USDJPY seems to be having trouble sustaining its gains past the 109.50 minor psychological level, opening the case up for a quick retracement. Price appears to have pulled back to the 38.2% Fibonacci retracement level on the...
USDJPY’s upward movement from 101.50 extended to as high as 109.74. Further rise is still possible, and next target would be at 112.00 area. Key support is located at 108.24, only break below this level could signal...
USDJPY broke above 109.45 resistance, indicating that the uptrend from 101.50 has resumed. Further rise could be expected, and next target would be at 112.00 area. Key support is located at 108.24, only break below this level...
USDJPY remains in uptrend from 101.06, and the rise extended to as high as 109.53. Support is now located at the bottom of the price channel on daily chart. As long as the channel support holds, the...
The USD/JPY pair went higher during the course of the day on Friday, testing the 109.50 level. Because of this, we feel that the market will eventually break out above the 110 level, but it’s going to...
