The USD/JPY pair fell during the session on Tuesday as the bearishness in the marketplace overall continues. We still see this market as being stuck in consolidation and still recognize 79 as a bit of a “floor”...
The Dollar Index is trading at the short term resistance of 81.00-81.20 ranges after the FOMC meeting yesterday. The Dollar Index may again expected to find resistance at 81.00-81.20 ranges from where is sold off during September...
The USD/JPY pair did very little during the session on Monday as we continue to bounce around in the 79.50 level. The hammer that was formed on Friday still has is thinking that this pair will bounce...
The Dollar Index is trading at the short term resistance of 81.00-81.20 ranges a head of the FOMC meeting tomorrow. The Dollar Index may again expected to find resistance at 81.00-81.20 ranges from where is sold off...
USDJPY pulls back from 80.67, and the fall extends to as low as 79.07. However, the fall is likely consolidation of the uptrend from 77.14. Support is now at the lower line of the price channel on...
The USD/JPY pair had a negative session for most of the trading day on Friday, but bounced from the 79 handle in order to form a hammer. This hammer suggests that we are going to continue to...
Despite weakness in the benchmark equity index of Dow Industrials (.DJIA), resilience was seen in the appreciation of the Greenback against most of the FX majors. The Dollar Index may again expected to find resistance at 81.00...
The USD/JPY pair fell rather sharply during the session on Thursday as we broke down below the 80 handle yet again. The 79.30 level did act as support however, and as such we got a little bit...
Weakness in most of the asset classes, especially in equities led to strengthening of the US Dollar after showing weakness for most of the European session. The Greenback continued to gain against the Common currency, the Swiss...
The USD/JPY pair fell during the session on Wednesday as the US dollar got a bit of a beating for the presidential election returns. The 80 handle offered support though, and right now it appears that there...
