USDJPY is facing 104.26 resistance, above this level will signal resumption of the uptrend from 101.50, then next target would be at 105.00 area. Key support is at 103.49, only break below this level could signal completion...
USDJPY moved sideways in a range between 100.75 and 105.44. As long as 100.75 key support holds, the price action in the range could be treated as consolidation of the uptrend from 75.57 (Oct 31, 2011 low),...
The USD/JPY pair broke higher during the day on Friday, breaking the top of the hammer that informed on Thursday. On top of that, we close above the 104 level so we feel that this market should...
USDJPY moved sideways in a range between 103.49 and 104.26. As long as 103.49 support holds, the price action in the range could be treated as consolidation of the uptrend from 101.50, further rise could be expected...
The USD/JPY pair initially fell during the day on Thursday, but found enough support near the 103.50 level to bounce and form a nice-looking hammer. Because of this, we feel that the market certainly will have buyers...
After rallying strongly last week, it appears that USDJPY could be in for a reversal as a head and shoulders pattern can be seen on its 1-hour forex chart. Price is currently testing the neckline of the...
USDJPY’s fall from 104.26 extended to as low as 103.69. Support is at 103.49, as long as this level holds, the fall could be treated as consolidation of the uptrend from 101.50, another rise to 105.00 area...
The USD/JPY pair initially fell during the day on Tuesday, but found enough support to turn things back around and form a nice-looking hammer. This is the second hammer in a row on the daily chart, so...
No changed in our view, USDJPY remains in uptrend from 101.50, the fall from 104.26 is likely consolidation of the uptrend. Support is at 103.50, as long as this level holds, the uptrend could be expected to...
The USD/JPY pair fell during the course of the day after initially gapping higher on Monday. With that being the case, the market seems like it’s trying to find support somewhere near the 104 level, which should...
