USDJPY remains in downtrend from 102.79, the rise from 101.60 is likely consolidation of the downtrend. Another fall could be expected after consolidation, and a breakdown below 101.60 will signal resumption of the downtrend. Resistance is at...
The USD/JPY pair rose during the course of the session on Tuesday, breaking the top of the hammer that had formed on Monday. Because of this, the market does look like it’s going to continue going higher,...
USDJPY’s upward movement from 101.60 extended to as high as 102.23. Further rise is still possible, and next target would be at 102.60 area. Support is at 101.60, only break below this level could trigger another fall...
The USD/JPY pair fell during most of the session on Monday, but bounced and gave back about half of the losses. The resulting candle is a hammer, which shows the 101.50 level to be supportive again. Nonetheless,...
USDJPY broke above the upper line of the price channel on 4-hour chart, indicating that the downtrend from 102.79 had completed at 101.60 already. Further rise would likely be seen, and next target would be at 102.50...
USDJPY stays in a downward price channel on 4-hour chart, and remains in downtrend from 102.79, the rise from 101.60 could be treated as consolidation of the downtrend. Resistance is at the upper line of the channel,...
USDJPY continued its sideways movement in a range between 100.75 and 105.44. As long as 100.75 support holds, the price action in the range could be treated as consolidation of the uptrend from 93.79 (Jun 13, 2013...
The USD/JPY pair rose during the course of the session on Friday, testing the 102 level for resistance. This area has offered resistance and support before, so as a result the market looks as if it’s going...
The USD/JPY why pair fell during the course of the session on Thursday, after initially trying to rally. However, what is most important is that we broke down below the 102 level, which of course is supportive....
USDJPY is now in downtrend from 102.79, and the fall extended to as low as 101.60. Further decline would likely be seen after a minor consolidation, and next target would be at 101.00 area. Resistance is now...
