USDJPY’s downward movement from 104.84 extended to as low as 101.77. Further decline could be expected after a minor consolidation, and next target would be at 100.50 area. Resistance is at 103.00, as long as this level...
USDJPY broke below 102.85 support, suggesting that the uptrend from 96.57 had completed at 105.44 already. Further decline would likely be seen over the next several weeks, and the target would be at 95.00 area. Key resistance...
The USD/JPY pair fell during the session on Friday, slamming into the 102 level. That area offered enough support to keep the market afloat, but as a result this market still looks quite a bit negative. However,...
The USD/JPY pair had a hard session on Thursday, slamming into the 103 level. This level offered support though, and the market did bounce slightly. Because of this, we feel like the market is going to continue...
USDJPY is facing 102.85 support, a breakdown below this level will indicate that the uptrend from 96.57 (Oct 8, 2013 low) had completed at 105.44 already, then the following downward movement could bring price back to 95.00...
The USD/JPY pair fell during the session on Wednesday richly, but bounced in order to form a somewhat positive looking candle. However, we are still well below the 105 level which of course is resistance. In order...
USDJPY is facing 104.92 resistance, a break above this level will indicate that the uptrend from 96.57 (Oct 8, 2013 low) has resumed, then next target would be at 110.00 area. Key support is at 102.85, only...
The USD/JPY pair try to rally during the session on Tuesday, but failed at just below the 105 level again. This is an area that has been a bit difficult for the buyers to overcome recently, so...
USDJPY is forming a sideways consolidation in a range between 102.85 and 105.44. As long as 102.85 key support holds, the price action in the range could be treated as consolidation of the uptrend from 96.57 (Oct...
The USD/JPY pair initially fell during the session on Monday, but found enough support in the area of the 104 handle that we saw a hammer form, suggesting of course of the market is going to continue...
