After the FMOC meeting on Wednesday, you can see that the US dollar skyrocketed against the Japanese yen, bouncing off of the 95 handle. The fact that the Federal Reserve could be out of the quantitative easing...
The USD/JPY pair rallied during the session on Tuesday, breaking above the 95 handle. In fact, we managed to close above that level in order to show significant support in this general vicinity. With today being the...
USDJPY is now in downtrend from 103.73. Further decline would likely be seen in a couple weeks, and next target would be at 90.00 area. Resistance is at 98.00 only break above this level will indicate that...
The USD/JPY pair fell drastically during the session on Friday as the market close below the 95 handle. However, we did not break the bottom of the hammer, and presently sit on top of the 38.2 Fibonacci...
The USD/JPY pair fell during the session again on Thursday, but as you can see found enough support in the region of the 95 handle in order to pop back over it.
The USD/JPY pair went back and forth during the session on Wednesday, testing the 95 handle for support again, and testing the 97 level for resistance. In the end, we had very little change from the previous...
The USD/JPY pair fell hard during the session on Tuesday, as the market slammed into the 96 handle again. However, the hammer that had formed a couple of days ago on Friday suggests that there is a...
The USD/JPY pair went back and forth during the session on Monday, but did in the day rather bullishly. Because of this, we think that the market is trying to find its way higher, and perhaps to...
USDJPY breaks below 97.00 key support, suggesting that the uptrend from 77.14 (Sep 13, 2012 low) had completed at 103.73 already. Further decline would likely be seen, and next target would be at 93.00 area.
The USD/JPY pair fell rather drastically during the session on Friday, but as you can see the 95 handle held firm, and as a result we bounced high enough to form a massive hammer. This hammer is...
