The USD/JPY pair initially fell during the session on Monday, but found enough support at the 104 level in order to bounce and form a hammer. In the last three sessions, we have had a hammer, a...
USDJPY stays within a upward price channel on 4-hour chart, and remains in uptrend from 96.94 (Oct 25 low), the fall from 104.63 is likely consolidation of the uptrend. Key support is located at the lower line...
USDJPY broke above 103.73 resistance, suggesting that the uptrend from 75.57 (Oct 31, 2011 low) has resumed. Further rise could be expected over the next several weeks, and next target would be at 107.00 area. Support is...
The USD/JPY pair went back and forth during the session on Friday, but essentially ended up running a shooting star. We are sitting just above the 104 level, and think that this market is getting ready to...
The USD/JPY pair fell initially during the session on Thursday, but as you can see continue the bullish action lately day as we bounce to form a hammer. The hammer suggest that the market is in fact...
USDJPY remains in uptrend from 96.94 (Oct 25 low). Further rise could be expected over the next several days, and next target would be at 105.00 area. Key support is located at the upward trend line on...
The USD/JPY pair broke out to the outside during the session on Wednesday, after the FMOC announced that it was in fact going to go ahead and start tapering off of the bond buyback purchase program that...
USDJPY broke above 103.92 resistance and reached as high as 104.36. Key support is now located at the upward trend line on 4-hour chart, as long as the trend line support holds, the uptrend could be expected...
The USD/JPY pair fell during the session on Monday, testing the 102.50 level. This level has been supportive in the past, so we would not be surprised to see a little bit of a bounce from this...
USDJPY stays within a upward price channel on 4-hour chart, and remains in uptrend from 96.94 (Oct 25 low), the fall from 103.92 could be treated as consolidation of the uptrend. Support is located at the lower...
