USDJPY remains in uptrend from 101.50, the fall from 104.26 is likely consolidation of the uptrend. Further rise could be expected after consolidation, and next target would be at 105.00 area. Support is at 103.50, only break...
USDJPY’s upward movement from 101.50 extended to as high as 104.26. Further rise could be expected after a minor consolidation, and next target would be at 105.00 area. Support is at 103.50, only break below this level...
USDJPY broke above 104.12 resistance. Further rise to test 105.44 resistance would likely be seen, a break of this level will signal resumption of the long term uptrend from 75.57 (Oct 31, 2011 low), then next target...
The USD/JPY pair went back and forth during the course of the day on Friday, essentially showing that it is a very confused market. We don’t really believe that wholeheartedly, but would rather anticipate that we are...
USDJPY has been moving inside a rising channel on its 4-hour forex time frame, with price gearing up to test the top of the range around the 103.50 minor psychological resistance. Stochastic is already in the overbought...
USDJPY continued its upward movement from 101.50, and is now facing 103.08 resistance, a break above this level will target 104.00 area. Support is now at 102.50, only break below this level will indicate that the uptrend...
The USD/JPY pair initially fell during the course of the session on Monday, but found enough or below in order to bounce and go higher. The resulting hammer does suggests that the markets get ready to go...
USDJPY is facing 102.71 resistance, above this level could trigger another rise towards 104.00, However, as long as 102.71 resistance holds, the rise from 102.13 would possibly be correction of the downtrend from 102.71, another fall towards...
USDJPY broke below 102.20 support, indicating that the upward movement from 101.50 had completed at 102.71 already. Further decline would likely be seen in a couple of days, and next target would be at 101.00 area. Resistance...
USDJPY moved sideways in a narrow range between 100.75 and 104.12 for several months. As long as 100.75 support holds, the price action in the range could be treated as consolidation of the uptrend from 75.57 (Oct...
