The USD/JPY pair fell during the session on Wednesday, in a generally dollar negative tone. However, we are still well within the vicinity that we have seen recently act as a magnet for price, and as a...
The USD/JPY pair rose during the session on Tuesday, breaking above the 100 handle. This is a nice little breakout, and suggests that the market is going much higher. Because of this, we bought during the session,...
The USD/JPY pair fell during the session on Monday, but as you can see bounced a bit towards the end of the day. In the end, we form something along the lines of a hammer, but we...
The US unemployment rate dropped to 7.3% down 0.1%. To achieve this improvement, a record 516K of potential workers had to drop out of the work force in the latest month.
USDJPY is forming a sideways movement in a range between 93.79 and 103.73. The sideways movement is likely consolidation of the uptrend from 75.57 (Oct 31, 2011 low).
The USD/JPY pair fell hard during the session on Friday, as the nonfarm payroll number came out lighter than expected. However, the 99 handle did offer support, and we believe that the real action will be had...
The USD/JPY pair initially fell during the session on Wednesday, but as you can see bounced enough to form a bit of a hammer. This is the second day in a row that we see a bit...
The USD/JPY pair went back and forth during the session as the pair has broken out over the last 24 hours. That being said, we have been waiting for daily close above the 99 handle, and we...
The USD/JPY pair rose during the session on Monday, breaking the downtrend line that had been keeping the market lower since the beginning of July. That being the case, it appears that the market is ready to...
USD/JPY has been consolidating inside a symmetrical triangle for the past few months, as seen on the 4-hour time frame. The pair just made an upside breakout earlier today, as Abe got the approval to increase corporate...