USD/JPY has been stalling around the 99.50 minor psychological area for the past few days already, suggesting that yen bears may be running out of steam. After all, the pair has climbed by more than 600 pips...
The USD/JPY pair fell initially during the session on Thursday, but as a close the 99 handle, buyers stepped back into the marketplace and started to bid the price back up again. In fact, at one point...
The USD/JPY pair rose during the session on Wednesday, testing the 100 handle yet again. As we close towards the top of the day’s range, we cannot help but think that the 100 level gets broken sometime...
The USD/JPY pair fell during the session on Tuesday, as the 100 handle appears to have acted as a psychological barrier. We fully expect to see 100 taken out to the upside, but the recent rise has...
The USD/JPY pair initially fell during the Monday session, but as you can see we have continue much higher, probably much higher than most market participants would’ve imagined as we close the day at the highs of...
After consolidation, USDJPY continues its upward movement from 77.14, and the rise extends to as high as 97.82. Further rise could be expected next week, and next target would be at 100.00 area. Key support is at...
The USD/JPY pair initially fell during the Friday session, but buyers stepped in to pick this pair back up after a week nonfarm payroll number. Within this chart, it’s obvious that we have broken out above the...
The USD/JPY pair shot through the roof on Thursday as the Bank of Japan announced massive stimulus measures. As you can see, we broke through the 95 handle like it wasn’t even there, and are closing roughly...
The USD/JPY pair had a negative showing during the session as we went back and forth on Wednesday, hugging the 93 handle. The hammer candle from the Tuesday session suggested that we have support in this general...
The USD/JPY pair fell for the session on Tuesday as the downward pressure continued. However, by the end of the session we saw a significant bounce and as a result formed a nice looking hammer at the...
