The USD/JPY pair fell during the session on Tuesday as the 90 handle becomes far too rich for the buyers to break through. We believe that eventually will be overcome, but in all honesty we have risen...
Market Commentary The Dollar Index is trading at 79.50 ranges, near the support of the sideways trading range of 79.00-81.00 formed since couple of months; next leg of weakness in the USD is expected only on the...
The USD/JPY pair ended up producing a fairly neutral day on Monday as we bounce around just below the 90 handle in this market. We see the 90 level as significant resistance, and as a result would...
Market Commentary The US Dollar traded mixed wherein it has traded weak against the Euro and the Aussie; continued to appreciate against the Japanese Yen and traded flat against the Cable. The Dollar Index is trading at...
USDJPY’s upward movement from 77.14 extends to as high as 89.44. Further rise could be expected next week, and next target would be at 91.00 area. Support is now at 88.00 only break below this level will...
The USD/JPY pair initially pulled back during the Friday session, but got a bit of a bounce as usual and formed a nice-looking hammer at the top of the massive green candles from Wednesday and Thursday.
The USD/JPY pair had another bullish session on Thursday as the 89 handle was tested. This market is most definitely bullish, and although it is a bit parabolic at this point time, it does look like we...
The USD/JPY pair had a very strong session during the Wednesday trading hours as the market climbed yet again. In fact, we broke above the top of the shooting star that was formed on Tuesday that should...
The USD/JPY pair attempted to rally during the session on Tuesday, but fell flat as we ended the day negative. The candle that formed was a shooting star, and as a result it looks as if the...
The USD/JPY pair fell during the session on Monday as the 88 handle proves to be far too resistive. However, we are still very bullish of this marketplace, and recognize the fact that a pullback is not...