The USD/JPY pair shot straight up during the session on Thursday, breaking well above the 100.50 level, an area that we thought would offer a bit of resistance. Because of this, we feel that this market will...
The USD/JPY pair fell during the session on Wednesday, but bounced enough to form a hammer just below the 100 level. With that being the case, it appears the market is still trying to form a little...
The USD/JPY pair initially fell during the session on Tuesday, but as you can see the 99.50 level offered enough support in order to bounce the market higher, and form a hammer. The market closing above the...
The USD/JPY pair fell hard during the session on Monday, falling from the 100 level. This area offered significant resistance, and as a result it makes sense that we fell from here. This market needs to break...
USDJPY stays in a trading range between 93.79 and 103.73. The price action in the range is likely consolidation of the uptrend from 75.57 (Oct 31, 2011 low). Key support is located at 93.79, as long as...
The USD/JPY pair went back and forth during the session on Friday, essentially proving that the 100 level should offer little bit of support, and this of course is bullish as far as we can tell.
The USD/JPY pair rose during the session on Thursday, slicing all the way up to the 100 handle. That being the case, we feel that the market moving above 100 is a buy signal, and as a...
The USD/JPY pair fell during the session on Wednesday, but as you can see remains above the 99 handle, an area that should offer significant support. Because of this, we are looking for some type of supportive...
The USD/JPY pair fell during the session on Monday, but as you can see bounced enough to form a hammer. This hammer of course suggests that we are going to go higher, but at this moment in...
After months of consolidation, USD/JPY finally seems ready to break out of its symmetrical triangle. As you can see on the pair’s daily chart, a long green candlestick has already closed above the triangle resistance, hinting that...
