USDJPY Analysis – January 26, 2013
USDJPY continues its upward movement from 77.14, and the rise extends to as high as 91.19. As long as the trend line support holds, the uptrend could be expected to continue and next target would be at...
Tag: USDJPY
USD/JPY Forecast January 28, 2013, Technical Analysis
The USD/JPY pair rose again during the Friday session in order to pierce the 91 and over the first time in ages. We are now clearly over the 90 handle, and as a result it looks like...
USD/JPY Forecast January 25, 2013, Technical Analysis
The USD/JPY pair shot straight up during the session on Thursday, as we managed to breakout to a new recent high. This being said, this pair now looks comfortably above the 90 handle, and could continue much...
USD/JPY Forecast January 24, 2013, Technical Analysis
The USD/JPY pair fell during most of the session on Wednesday, but bounced back in order to form a hammer. This hammer is focused around the 88.50 level, which of course is where last week’s hammer focused...
USD/JPY Forecast January 23, 2013, Technical Analysis
The USD/JPY pair fell during the session on Tuesday, after the Bank of Japan announced its plans for monetary easing. It wasn’t really a matter of being disappointed, more of a “sell on the news” type of...
USD/JPY Forecast January 22, 2013, Technical Analysis
The USD/JPY pair has been one that has been very interesting lately. During the Monday session, we initially saw the pair fall, only to be fit back up and form a somewhat hammer like candle.
USDJPY Analysis – January 19, 2013
USDJPY remains in uptrend from 77.14, and the rise extends to as high as 90.18. Further rise could be expected after a minor consolidation, and next target would be at 88.00.
USD/JPY Forecast January 21, 2013, Technical Analysis
The USD/JPY pair managed to eke out a bit of gains during the Friday session as we closed above the 90 handle for the first time in ages. This pair looks extremely bullish, and we believe that...
USD/JPY Forecast January 18, 2013, Technical Analysis
The USD/JPY pair shot straight up during the Thursday session as we slammed into the 90 handle. At the end of the session though, we did pullback a little bit from that level and now are finding...
USD/JPY Forecast January 17, 2013, Technical Analysis
The USD/JPY pair fell during the session on Wednesday, but found enough support in the 87.25 range to bounce enough to form a nice-looking hammer. This hammer sits just on top of a recent swing high, so...