USDJPY Daily Analysis – January 8, 2014
USDJPY stays in the upward price channel on 4-hour chart, and remains in uptrend from 96.94 (Oct 25, 2013 low). As long as the channel support holds, the uptrend could be expected to resume, and one more...
Tag: USDJPY
USDJPY Daily Analysis – January 8, 2014
USDJPY stays in the upward price channel on 4-hour chart, and remains in uptrend from 96.94 (Oct 25, 2013 low). As long as the channel support holds, the uptrend could be expected to resume, and one more...
USD/JPY Trend Continuation? (January 7, 2014)
USD/JPY is still on a strong uptrend, as seen from the rising trend line connecting the lows of the price on the 4-hour time frame. At the moment, the pair is testing the trend line around the...
USD/JPY Forecast January 7, 2014, Technical Analysis
The USD/JPY pair fell during the bulk of the session on Monday, testing the 104 level yet again. However, the 104 level did offer enough support to keep the market above it, and thereby suggesting that the market is...
USDJPY Daily Analysis – January 7, 2014
USDJPY is facing the support of the price channel on 4-hour chart. As long as the channel support holds, the uptrend from 96.94 (Oct 25, 2013 low) could be expected to resume, and one more rise towards...
USDJPY Daily Analysis – January 6, 2014
USDJPY stays within a upward price channel on 4-hour chart, and remains in uptrend from 96.94 (Oct 25, 2013 low), the fall from 105.44 could be treated as consolidation of the uptrend. Support is located at the...
USDJPY Weekly Analysis – January 5, 2014
USDJPY stays within a upward price channel on daily chart, and remains in uptrend from 96.57. Support is located at the lower line of the channel. As long as the channel support holds, the uptrend could be...
USD/JPY Forecast January 6, 2014, Technical Analysis
The USD/JPY pair fell initially during the session on Friday, but as you can see found enough support at the 104 level to bounce and form a nice-looking hammer. This only reinforces our idea that this market...
USD/JPY Forecast January 3, 2014, Technical Analysis
The USD/JPY pair fell hard during the session on Thursday, slicing through the 105 level. However, market conditions are very illiquid so we don’t read too much into this. We expect this pair to continue to meander...
USDJPY Daily Analysis – January 3, 2014
USDJPY remains in uptrend from 96.94 (Oct 25 low), the fall from 105.44 could be treated as consolidation of the uptrend. Support is now located at the lower line of the price channel on 4-hour chart. As...