The USD/JPY pair went back and forth during the course of the session on Friday, as markets got very concerned about shooting in eastern Ukraine. With that, there was a bit of a “risk off” feel to...
The USD/JPY pair initially rallied during the session, but pulled back in order to form a shooting star. The shooting star of course suggests that the market is ready to continue to drop from here, and perhaps...
USDJPY’s upward movement from 101.50 extended to as high as 102.65. Further rise is still possible, and next target would be at 102.90 area. Support is at 102.20, only break below this level could trigger another fall...
The USD/JPY pair rose during the course of the day on Wednesday, as the market continues to grind its way back towards the 103 level. That being the case, the one of three level looks like it...
USDJPY broke above 102.45 resistance, indicating that the downtrend from 103.08 had completed at 101.50 already. Further rise could be expected and next target would be at 103.00 area. Support is at 102.20, only break below this...
USDJPY is facing 102.45 resistance, a break of this level will indicate that the downward movement from 103.08 had completed at 101.50 already, then further rise to 103.00 area could be seen. On the downside, as long...
The USD/JPY pair initially fell during the course of the day on Monday, but found enough support at the 102 handle to turn things back around and form a nice-looking hammer. This hammer of course suggests that...
USDJPY’s bounce from 101.50 extended to as high as 102.35, as long as 102.45 resistance holds, the bounce would possibly be correction of the downtrend from 103.08, one more fall to test 100.75 support is still possible....
USDJPY remains in downtrend from 103.08, the bounce from 101.50 would possibly be consolidation of the downtrend. Further decline to test 100.75 support would likely be seen after consolidation. Resistance is at 102.45, only break above this...
USDJPY continued its sideways movement in a trading range between 100.75 and 104.12. Key support is at 100.75, as long as this level holds, the sideways movement could be treated as consolidation of the uptrend from 75.57...
