USDJPY remains in downtrend from 102.36, the rise from 101.10 could be treated as consolidation of the downtrend. Another fall could be expected after consolidation, and next target would be at 100.00 area. Resistance is at 101.65,...
The USD/JPY pair fell during the session on Tuesday, as it continues to test the 101.25 region. The real support probably extends all the way down to the handle, so 101 would need to be broken in...
USDJPY’s downward movement from 102.36 extended to as low as 101.10. Further decline would likely be seen over the next several days, and next target would be at 100.00 area. Resistance is at 101.65, only break above...
The USD/JPY pair broke down below the 11.25 level, an area that has offered a significant amount of support during the session on Monday. However, we bounced high enough to form a hammer, his hammer of course...
USD/JPY has been consolidating tighter and tighter inside a descending triangle chart pattern on its daily time frame. This suggests that sellers are trying to push the pair lower but that buyers just won’t let up. A...
USDJPY is now in downtrend from 102.36. Further decline would likely be seen in a couple of days, and next target would be at 100.00 area. Resistance is at 101.85, only break above this level could trigger...
USDJPY is testing 100.75 key support, as long as this level holds, the price action from 105.44 could be treated as consolidation of the uptrend from 93.79 (Jun 13, 2013 low), one more rise to 110.00 area...
The USD/JPY pair went back on forth on Friday, but ultimately couldn’t make up its mind. The market sees plenty of support at the 101.25 level, and as a result it doesn’t surprise us that the market...
The USD/JPY pair rose initially during the session on Thursday, testing the 102 area. This area pushed the market back down, and sent it all the way down to the 101.25 region. This is the area that...
USDJPY broke below 101.43 support, indicating that the downtrend from 103.02 has resumed. Further decline could be expected, and next target would be at 100.00 area. Resistance is at 101.85, only break above this level could trigger...
