USD/JPY might be in for a bit of consolidation in the trading hours leading up to the US non-farm payrolls release. Another weak figure is expected, as cold weather conditions could weigh on the employment change figure...
USDJPY is facing the resistance of the upper line of the price channel on 4-hour chart. A clear break above the channel resistance will indicate that consolidation of the downtrend from 105.44 is underway, then the pair...
The USD/JPY pair rose during the session on Thursday, bringing the top of the two previous hammers. This area was also the 50% Fibonacci retracement from the larger group, so the move higher of course was interesting....
The USD/JPY pair formed a hammer during the session on Wednesday again, showing that the 101 level is indeed going to be supportive. With that, we feel that this market will show substantial support again and again....
USDJPY remains in downtrend from 104.92, the rise from 100.75 is likely consolidation of the downtrend. Resistance is located at the upper line of the price channel on 4-hour chart. As long as the channel resistance holds...
USDJPY remains in downtrend from 104.92, the rise from 100.75 could be treated as consolidation of the downtrend. Resistance is at 102.35, as long as this level holds, the downtrend could be expected to resume, and next...
The USD/JPY pair found enough support at the 101 level to bounce and form a hammer for the session on Tuesday. That being the case, it is almost impossible for me not to notice the fact that...
USD/JPY recently broke below the 102.00 major psychological support level and dipped below the 101.00 mark this week. However, with stochastic reaching the oversold region and crossing upwards, dollar bulls may be back in action for the...
The USD/JPY pair fell during the session on Monday, testing the 101 level. However, we think that there is significant support all the way down to the 100 level, and although we think that we will eventually...
USDJPY broke below 101.77 support and continued its downward movement from 104.92, and the fall extended to as low as 100.77. Further decline could be expected and next target would be at 99.00 area. Resistance is at...
