USD/JPY has confirmed the potential downtrend, after it made a retest of the broken trend line support last week. This could mean that further losses are in the cards for the pair. Take note though that stochastic...
USDJPY failed to break above 105.44 resistance and pulled back from 104.92, indicating that lengthier sideways movement in a range between 102.85 and 105.44 is underway. Resistance is now at 104.92, a break above this level could...
USDJPY remains in uptrend from 96.57, the fall from 105.44 is treated as consolidation of the uptrend. Another rise could be expected after consolidation, and next target would be at 110.00 area. Support is at 102.85, only...
The USD/JPY pair did very little during the session on Friday as there was no real news to move the market in either direction. That being said, we still believe that the 105 level is the area...
The USD/JPY pair tried to rally during the session on Thursday, but found the 105 level before too resistive. Because of this, we pullback informed a shooting star, which of course is one of the more bearish...
USDJPY remains in uptrend from 96.57 (Oct 8, 2013 low), the price action from 105.44 could be treated as consolidation of the uptrend. Resistance is at 105.44, a break above this level will signal resumption of the...
USDJPY’s bounce from 102.85 extends to as high as 104.88. Further rise to test 105.44 resistance could be expected, a break above this level will signal resumption of the uptrend from 96.57 (Oct 8, 2013 low), then...
The USD/JPY pair rose during the session on Wednesday, but failed to break above the 105 level. However, we do feel that this market is eventually going to do so, and believe that long-term opportunities will present...
The USD/JPY pair rose during the session on Tuesday, breaking above the highs from the Monday session as well. This wiped out quite a bit of losses, as the market approach the 104 level. That being the...
USDJPY bounced strongly from 102.85, indicating that the pair remains in uptrend from 96.57 (Oct 8, 2013 low), and the price action from 105.44 would possibly be consolidation of the uptrend. Further rise to test 105.44 resistance...
