The USD/JPY pair rose during the session on Wednesday, after the Federal Reserve released the minutes from the last meeting that suggested that perhaps some of the board members are behind Ben Bernanke he and his tapering...
The USD/JPY pair fell during the session on Tuesday, but as you can see really didn’t go too far. We think that this market is essentially in a bit of a malaise at the moment, and probably...
The USD/JPY pair rallied during the session on Monday, but as you can see failed to hang onto the gains in order to form a fairly neutral looking candle. We believe that the 97.50 area is in...
USDJPY stays within a downward price channel on daily chart, and remains in downtrend from 101.53. Further decline to test 93.79 key support is still possible, as long as this level holds, the price action from 103.73...
The USD/JPY pair rose during the session on Friday, but as you can see it was an overly impressive move. We ended up closing the market roughly 97.50, and as a result we are essentially at a...
The USD/JPY pair tried to rally during the session on Thursday, but as you can see the market fell apart and the pair ended up below the 98 handle. That being the case, we have a big...
The USD/JPY pair rose during the session on Tuesday, breaking back above the 98 handle. This is psychologically significant, and as a result we are more than willing to buy this pair on a pullback that shows...
The USD/JPY pair rose during the session on Monday, breaking back above the 97 handle. We will see resistance at 98, but quite frankly we think the longer-term trend is still going to be up over time.
USDJPY stays in a trading range between 93.79 and 103.73. Key support is at 93.79, as long as this level holds, the price action in the range could be treated as consolidation of the uptrend 75.57 (Oct...
The USD/JPY pair fell during the Friday session, but as you can see did not clear the bottom of the hammer from Thursday, showing that there is at least some support in the form of 96. However,...
