The USD/JPY pair rose from the 105 level during the session on New Year’s Eve, and as a result we feel that this market has solidified the idea that it’s going to go higher. We still are very bullish...
The USD/JPY pair did very little during the session on Monday, essentially falling back to the 1.05 level in order to prove it as being supportive. This area was a significant resistance level previously, so of course it’s not...
USDJPY remains in uptrend from 101.63, the fall from 105.41 could be treated as consolidation of the uptrend. Initial support is located at the lower line of the price channel on 4-hour chart, as long as the...
USDJPY’s upward movement from 96.94 (Oct 25 low) extended to as high as 105.41. Further rise could be expected after a minor consolidation and next target would be at 106.00 area. Initial support is at 104.60, and...
USDJPY’s upward movement from 96.57 extended to as high as 105.18. Support is located at the lower line of the price channel on daily chart, as long as the channel support holds, the uptrend could be expected...
The USD/JPY pair initially fell during the session on Friday, but as you can see powered higher later in the day to close above the 105 level. We have now reached of the target that we had...
The USD/JPY pair rose yet again during the session on Thursday is traders came back and attempted to push the market to the 105 level. That of course is a psychologically significant level, and is the target...
USDJPY continues its upward movement from 96.94 (Oct 25 low), and the rise extended to as high as 105.02. Key support is at the upward trend line on 4-hour chart, as long as the trend line support...
The USD/JPY pair had a positive session on Tuesday, and most brokers of course were closed on Christmas. However, the market does look like it’s ready to continue higher, or at the very least go sideways. We...
USDJPY is in consolidation of the uptrend from 96.94 (Oct 25 low), another fall to the lower line of the price channel on 4-hour chart to complete the consolidation would likely be seen. Resistance is at 104.63,...
