Market Commentary The Dollar Index (DX) is trading strong at 80.70 ranges resulting in most of the asset classes depreciating or forcing them to in narrow ranges at their respective resistances; next leg of Dollar weakness is...
USDJPY’s upward movement from 77.14 extends to as high as 94.43. Further rise could be expected after a minor consolidation, and next target would be at 95.00-96.00 area.
The USD/JPY pair fell during the session on Friday, but found enough support at the 92 handle to bounce and form a hammer. This hammer suggests that we are going higher, but we do think that this...
The USD/JPY pair went back and forth during the session on Thursday to finally close the session slightly lower. However, it appears that the range is tightening up and that this pair could be going sideways for...
Market Commentary The Dollar Index (DX) is trading strong at 80.46 ranges with most of the asset classes trading weak or in narrow ranges at their respective resistances; next leg of Dollar weakness is expected only on...
The USD/JPY pair did very little during the session on Wednesday, essentially treading water and closing the day almost unchanged. This is rather impressive if you think about it, simply because this pair has been such a...
Market Commentary The Dollar Index (DX) is trading narrow at 80.15 ranges with most of the asset classes trading in the narrow ranges especially the benchmark equity index of the Dow Industrials (DJIA) trading tight around the...
The USD/JPY pair fell during the session on Tuesday, and tested the 93 handle. However, we think that this pullback is more than likely just going to be the start of another buying opportunity, as we believe...
Market Commentary The Dollar Index (DX) finds resistance at intermediate resistance of 80.50 ranges on the event of most of the asset classes finding stability. Though next leg of Dollar weakness is expected only on DX consistently...
The USD/JPY pair had another strong showing on Monday as we managed to break to new highs. Now that we are well above the 94 handle, we have to assume that the 95 handle is next, and...
