The USD/JPY pair initially broke higher during the course of the day on Friday, but the 109.50 level offered enough resistance to turn things back around. Ultimately, we ended up forming a shooting star, so of course...
The USD/JPY pair broke higher during the day again on Thursday but quite frankly we have gotten so parabolic that the market looks as if it needs to take a little bit of a rest. Because of...
USDJPY’s upward movement from 101.50 extended to as high as 109.45. Further rise could be expected after a minor consolidation and next target would be at 110.00 area. Support is located at the upward trend line on...
After consolidation, USDJPY continued its upward movement from 101.50, and the rise extended to as high as 108.67. Further rise could be expected after a minor consolidation, and next target would be at 110.00 area. Near term...
The USD/JPY pair initially fell during the course of the session on Tuesday, but found enough support below to show the 107 level to be supportive. The resulting candle was a hammer, and as a result it...
USDJPY stays above the upward trend line on 4-hour chart, and remains in uptrend from 101.50, the fall from 107.39 is likely consolidation of the uptrend. Near term support is at 106.50, as long as this level...
The USD/JPY pair fell during the course of the day on Monday, but found a bit of support at the 107 level. Once we got that support, we ended up bouncing enough to form a hammer. This...
USDJPY remains in uptrend from 101.50, the fall from 107.39 is likely consolidation of the uptrend. Range trading between 106.50 and 107.39 would likely be seen in a couple of days. Key support is located at the...
USDJPY remains in uptrend from 101.50, and the rise extended to as high as 107.39. Further rise could be expected after a minor consolidation, and next target would be at 109.00 area. Support levels are at 106.85...
USDJPY’s upward movement from 101.06 extended to as high as 107.39. Further rise would be expected over the next several weeks, and next target would be at 115.00 area. Support levels are at 106.00 and 105.25, only...
