Tag: USDJPY

The USD/JPY pair fell off of the cliff on Thursday as the US dollar got beat up. Ironically, we did see a little bit of a bounce towards the end of the day and with the fact...

The USD/JPY pair fell during the session on Wednesday, continuing to selloff and aim for the 99 handle. This market is under serious pressure, but in the end we still believe that the Bank of Japan will...

The USD/JPY pair went back and forth during the session on Tuesday, hovering around the 100 handle. A lot of this lease predicated upon the fact that the Japanese prime minister speaks this morning, and as a...

The USD/JPY fell during the session on Monday, even managing to clear the 100 level which should have been massively supportive. Because of this, this will have a lot of people shaken out of this trade, and...

USD/JPY kept selling off in the past few trading days as the Nikkei stock index posted sharp declines. This was enough to push USD/JPY back down from the 103.75 area to 99.50.

The USD/JPY sold off during the session on Friday, but as you can see we closed above the 100 handle. The 100 handle was the top of a significant ascending triangle that sent this market much higher.

The USD/JPY pair initially rallied during the session on Thursday, but as you can see it fell back down to form a shooting star. The shooting star is typically a very negative sign, but the reality is...

The USD/JPY pair fell on Wednesday, slamming back into the 101 level. However, this area has been rather supportive lately, so we feel that this is more than likely going to be a buying opportunity more than...

The USD/JPY pair rose during the session on Tuesday, smashing through 102 level again. This market is supported by the Bank of Japan, and as a result we certainly wouldn’t short it. In fact, the ascending triangle...