The USD/JPY pair rose during the course of the session on Monday, as we continue to bounce around in this consolidation area. Because of this, we feel that the market will ultimately go to the 102.50 level....
USDJPY broke above 101.50 resistance, indicating that the downtrend from 102.26 had completed at 101.06 already. Further rally could be expected, and next target would be at 102.10 area. Support levels are at 101.30 and 101.06, only...
USDJPY broke below 101.23 support and reached as low as 101.06. Further decline to test 100.75 support is possible, a breakdown below this level will signal completion of the long term uptrend from 75.57 (Oct 31, 2011...
USDJPY is facing 100.75 support again, a breakdown below this level will signal completion of the uptrend from 75.57 (Oct 31, 2011 low), then deeper decline to 97.00 area could be seen. On the upside, as long...
The USD/JPY pair went back and forth during the course of the session on Friday, showing that the 101 level is still supportive enough to keep this market afloat, and that we are still within the consolidation...
The USD/JPY pair initially when higher during the course of the session on Wednesday, but pullback later in the day in order to form a slightly less positive candle. With that, the market looks as if there...
USDJPY stays in a trading range between 101.23 and 102.26. Support is at 101.23, a breakdown below this level will signal resumption of the downtrend from 102.79, then next target would be at 100.90 area. Resistance is...
The USD/JPY pair fell during the course of the session on Tuesday, testing the 101.50 level. With that being the case, it makes it appear to us as if there should be a bit of support just...
USDJPY’s fall from 102.26 extended to as low as 101.44. Deeper decline to test 101.23 support is possible, as long as this level holds, the fall would possibly be correction of the uptrend from 101.23, one more...
The USD/JPY pair fell during the session on Monday, but as you can see really remains mired in a significant amount of consolidation. With that, we don’t necessarily have a trade at this moment in time, but...
