USD/JPY sold off for the past couple of weeks and is now testing the former resistance at the 94.00 major psychological level. The pair seems to be finding support around this area, which is also in line...
USDJPY remains in uptrend from 77.14, the fall from 96.70 is likely consolidation of the uptrend. Deeper decline to 92.00 – 93.00 area to complete the consolidation is possible next week. Key support is at 90.93, only...
The USD/JPY pair did almost nothing during Friday as the liquidity would’ve been low due to be Good Friday holiday. However, we are sitting just above the 94 handle, an area that we consider to be significant...
The USD/JPY pair fell during the Thursday session, but bounced off of the 94 handle in order for a small hammer. We still contend that the 94 level should be supportive, and this candle of course lends...
The USD/JPY pair went back and forth during the session on Wednesday, essentially bouncing between the 95 and the 94 handles. This area below seems to be rather supportive, so we think that a move above the...
The USD/JPY pair rose during the session on Tuesday as the 94 handle offered support. We still see this market has been one that you would only buy, and the move for the day while somewhat calm,...
The USD/JPY pair fell during the session on Monday, as the 95 level continued to offer resistance. In fact, we the market even fell below the 94 handle, but bounced back over that level by the end...
USDJPY may be forming a cycle top at 96.70 on daily chart. Pullback to 92.00 – 93.00 area would likely be seen next week. However, the fall from 96.70 would possibly be consolidation of the uptrend from...
The USD/JPY pair fell during the Friday session, as we close below the 95 handle. However, the support level that extends all the way down to roughly 94.50, and as a result we still find this market...
The USD/JPY pair fell during most of the session on Thursday, breaking below the 95 handle for the last couple of hours. However, there is a significant support area all the way down to the 94.50 level,...
