USDJPY is forming a sideways consolidation in the trading range between 93.79 and 103.73. As long as 93.79 key support holds, the uptrend from 75.57 (Oct 31, 2011 low) could be expected to resume, and one more...
The USD/JPY pair rose during the session on Friday after the nonfarm payroll numbers in America came out much stronger than anticipated. This of course means that the Federal Reserve is probably just a little bit closer...
The USD/JPY pair went wild during the session on Thursday after the ECB announced that it was cutting rates. This of course threw the markets into complete disarray as it was complete surprise, and now putting more...
The USD/JPY pair went back and forth during the session on Wednesday, but as you can see remains stuck just underneath the 99 handle. The Bank of Japan will continue to try and alleviate the pressure on...
The USD/JPY pair fell during the session on Tuesday, but as you can see found enough support just above the 98 handle in order to bounce and form a nice looking candle. This candle of course shows...
The USD/JPY pair went back and forth during the session on Monday, essentially deciding nothing. This looks like a market that could pull back slightly, but quite frankly we think there are plenty of buyers below in...
USDJPY continues its sideways movement in a trading range between 93.79 and 103.73. As long as 93.79 key support holds, the price action in the range could be treated as consolidation of the uptrend from 75.57 (Oct...
The USD/JPY pair fell during the session on Friday, bouncing off of the 97.50 level in order to form a hammer that was pretty extensive. That shows us that the market wants to go higher, and could...
The USD/JPY pair fell during the balance of the session on Thursday, but bounced enough to form a hammer, which of course is a bullish sign. The market has a certain amount of resistance above, but overall...
The USD/JPY pair rose during the session on Wednesday, continuing the move higher from the last few sessions. The pair should continue to be influenced by the headlines coming out of the Federal Reserve, as well as...
