USD/JPY’s rally seems to be losing steam as the pair can’t seem to make a break above the 97.00 major psychological resistance. Right now, USD/JPY is pulling back to the 95.00 area and looks ready to test...
The USD/JPY pair had a strong showing during the session as rumors came out that the Bank of Japan was going to announce stronger than expected asset purchases, perhaps as early as today. Whether or not there...
The USD/JPY pair fell slightly during the session on Tuesday, but bounced above the 95 handle by the end of the day in order to stay supported by the region. Looking at this market, the Bank of...
The USD/JPY pair fell initially during the opening hours of the Monday session, but as you can see bounced back above the 95 handle. The 95 handle is especially interesting in this pair, as Prime Minister Abe...
USDJPY’s upward movement from 77.14 extends to as high as 96.70. Further rise is still possible after consolidation, and next target would be at 98.50 area. Support is at 93.00, only break below this level could signal...
The USD/JPY pair fell during the session on Friday, but found the 95 handle as supportive. We are still widely bullish of this market, and as a result we want to see some type of supportive candle...
The USD/JPY pair did very little during the session in the end, considering that there was a significant amount of volatility. The market is closing just above the 96 handle, but has formed a very neutral looking...
The USD/JPY pair fell during the session initially on Wednesday, but as you can see bounced enough to break back over the 96 handle by the end of the session. This formed a hammer, and as a...
The USD/JPY pair had a negative showing on Tuesday, dipping back to the 96 handle. However, this market is most certainly bullish and we certainly wouldn’t sell it. Looking at the 95 handle, we also see an...
The USD/JPY pair had a very back and forth session on Monday, essentially going nowhere during the trading day. This came after a massive move higher on Friday, as we had broken above the 95 handle.
