The USD/JPY pair fell during the session on Monday, dipping below the 101.50 level. The area below is rather supportive level, so we don’t necessarily anticipate selling this market anytime soon. Because of this, we feel that...
USDJPY remains in downtrend from 102.79, the rise from 101.23 is likely consolidation of the downtrend. Resistance is at 101.85, as long as this level holds, the downtrend could be expected to continue, and next target would...
USDJPY’s downward movement from 102.79 extended to as low as 101.25. Further decline could be expected, and next target would be at 100.90 area. Resistance is at 101.85, only break above this level could signal completion of...
USDJPY is facing 100.82 support again, a breakdown below this level will indicate that the uptrend from 93.79 (Jun 13, 2013 low) had completed at 105.44 already, then next target would be at 96.50 area. On the...
The USD/JPY pair fell during the course of the session on Friday, closing just below the 101.50 level. With that, it appears that the market is probably going to test the support area just below, and we...
USD/JPY pair initially fell during the session on Thursday, bouncing off of the 101.50 level though. That being the case, the market looks as if it wants to go higher, and as a result break the top...
USDJPY broke below 101.60 support and continued its downward movement from 102.79, and the fall extended to as low as 101.31. Further decline is still possible, and next target would be at 100.00 area. Resistance is now...
USD/JPY has been consolidating inside a symmetrical triangle for almost an entire month, as traders are torn in picking a clear direction for this pair. However, the bleak US GDP release has resulted in a sharp downside...
The USD/JPY pair fell during the bulk of the session on Wednesday, showing the 101.50 level to be supportive. That being the case, it feels as if the market is trying to get some type of traction...
USDJPY is facing 101.60 support, a breakdown below this level will signal resumption of the downtrend from 102.79, then next target would be at 101.00 area. On the upside, as long as 101.60 support holds, the sideways...
