The USD/JPY pair broke higher during the course of the day on Friday, continuing a very impulsive move. Because of this, we feel that the market is a bit overbought at this point in time, so we...
The Japanese Yen plunged to new multi-year lows especially against the US Dollar as the USDJPY broke out above the 107.000 level only to be stopped by a very big resistance level which is located around 107.250....
USDJPY’s upward movement from 101.50 extended to as high as 107.29. Further rise could be expected, and next target would be at 108.00 area. Near term support is at 106.60, and the key support is located at...
The USD/JPY pair rose again during the session on Wednesday, breaking the top of the shooting star from the Tuesday session. Because of this, we feel that this market certainly has plenty of bullish pressure underneath it...
USDJPY remains in uptrend from 101.50, and the rise extended to as high as 106.88. Further rise could be expected after a minor consolidation, and next target would be at 108.00 area. Near term support is at...
The USD/JPY pair broke higher during the course of the day on Tuesday, breaking above the 106 level. That being the case, the market ended up pulling back though based upon the large amount of resistance above....
USDJPY stays above the upward trend line on 4-hour chart, and remains in uptrend from 101.50. As long as the trend line support holds, the uptrend could be expected to continue, and next target would be at...
USDJPY’s upward movement from 101.50 extended to as high as 106.16. Further rise could be expected, and next target would be at 107.00 area. Support is located at the upward trend line on 4-hour chart, only a...
USDJPY stays above the upward trend line on 4-hour chart, and remains in uptrend from 101.50, as long as the trend line support holds, the fall from 105.70 could be treated as consolidation of the uptrend. Further...
USDJPY broke above 105.44 (Jan 2 high) resistance, indicating that the long term uptrend from 75.57 (Oct 31, 2011 low) has resumed. Further rise could be expected over the next several weeks, and next target would be...
