The USD/JPY pair fell during the bulk of the session on Thursday, but found enough support near the 101.50 level in order to bounce and form a hammer for the second session in a row. This suggests...
USDJPY remains in uptrend from 100.75, the price action from 102.70 is likely consolidation of the uptrend. Support is at 101.35, as long as this level holds, the uptrend could be expected to resume, and next target...
The USD/JPY pair initially fell during the session on Wednesday, but found enough support down near the 102 level to bounce and form a hammer. This hammer shows that the market is still trying to fight in...
USDJPY is now in uptrend from 100.75, the price action from 102.70 could be treated as consolidation of the uptrend. Support is at 101.35, as long as this level holds, the uptrend could be expected to resume,...
USDJPY broke above the upper line of the price channel on 4-hour chart, suggesting that the downtrend from 105.44 had completed at 100.75 already. The pair is now in uptrend from 100.75, further rise could be expected,...
The USD/JPY pair rose during the session on Monday, testing the 102 level again. This area could offer a little bit of resistance, but ultimately we believe that the market will in fact go higher. In fact,...
USDJPY stays in a downward price channel on 4-hour chart, and remains in downtrend from 105.44, the rise from 100.75 could be treated as consolidation of the downtrend. As long as the channel resistance holds, the downtrend...
USDJPY failed to break above the upper line of the price channel on 4-hour chart. Now the fall from 102.70 would possibly be resumption of the downtrend from 105.44. Deeper decline to test 100.75 support would likely...
USDJPY stays in a downward price channel on daily chart, and remains in downtrend from 105.44. As long as the channel resistance holds, the downtrend could be expected to continue, and next target would be at 98.00...
The USD/JPY pair went back and forth during the session on Friday, forming a negative candle. We did close below the 102 level, but quite frankly this much noise below that we don’t really put too much...
