USDJPY continues its sideways movement in a range between 101.77 and 103.44. Key resistance is located at the upper line of the price channel on 4-hour chart. As long as the channel resistance holds, the downtrend from...
USDJPY’s upward movement from 96.57 had completed at 105.44 already, the pair is now in downtrend. Further decline could be expected and next target would be at 98.00 area. Resistance levels are at 103.60 and 105.44, only...
The USD/JPY pair fell during the bulk of the session on Friday, testing the 102 level for support. This area of course did hold up, so it appears we may grind sideways for the short-term. The weekly...
USDJPY moved sideways in a range between 101.77 and 103.44. Key resistance is located at upper line of the price channel on 4-hour chart, as long as the channel resistance holds, the price action in the range...
The USD/JPY pair fell hard during the session on Wednesday, testing the 102 level. The market did find buyers there, so it appears that there are at least enough people that believe in the uptrend to keep...
USDJPY is facing 101.77 support, a breakdown below this level will signal resumption of the downtrend from 105.44, then next target would be at 100.50 area. However, as long as 101.77 support holds, the consolidation of the...
The USD/JPY pair had another positive session on Tuesday, as the buyers have stepped up pressure again. This market will be especially sensitive to the FMOC meeting announcement later today, so quite frankly we think waiting until...
USDJPY’s rise from 101.77 extended to as high as 103.44. However, the rise is likely consolidation of the downtrend from 105.44. Resistance is now at the upper line of the price channel on 4-hour chart. As long...
USDJPY remains in downtrend from 104.92, the rise from 101.77 is likely consolidation of the downtrend. Resistance levels are at 103.00 and 103.35, as long as these levels hold, the downtrend could be expected to resume, and...
The USD/JPY pair rose during the session on Monday, using the 102 level as a springboard of support. This market continues to be positive overall, but we have suffered a relatively significant pullback recently. Quite frankly, we...
