The USD/JPY pair fell during the session on Wednesday, and actually managed to break below the uptrend line of the larger symmetrical triangle. Even though this is in theory a sell signal, we feel there is support...
The USD/JPY pair fell during the session on Tuesday, but as you can see respected the bottom part of the triangle that we have been talking about the last couple of sessions. Because of this, we feel...
USD/JPY has been trading inside a rising channel for quite some time but the range broke earlier this week. This suggests that a downtrend might be in the works, possibly after a quick retest of the broken...
The USD/JPY pair fell initially on a gap lower at the open on Monday, but as you can see filled that gap during the rest of the day. That being the case, the campus now filled and...
USDJPY is forming a triangle pattern in a range between 93.79 and 103.73. Key support is at 93.79, as long as this level holds, the price action in the pattern could be treated as consolidation of the...
The USD/JPY pair fell during the balance of the Friday session, but as you can see we remain well within consolidation that we’ve been in for some time. That being the case, we feel that this market...
The USD/JPY pair rose during the session on Thursday, but as you can see remains underneath the 99 handle, and quite frankly in a big massive consolidation.
USD/JPY has been climbing slowly inside a rising channel on its 4-hour time frame, and is currently testing the bottom. In addition, price has formed a bullish divergence with higher lows while stochastic made lower lows, suggesting...
The USD/JPY pair fell during the session on Wednesday, but really didn’t go anywhere in the end. Because of this, we feel that this market will continue to consolidate and grind sideways in the near-term, and possibly...
The USD/JPY pair went back and forth during the session on Tuesday, essentially going nowhere in the end. The resulting candle is a shooting star, and of course it suggests that we are going lower, but in...
