The USD/JPY pair continued to bounce around during the session on Wednesday as the market struggles to get above the 80 handle. The pair will more than likely be quiet over the next day or so as...
The USD traded weak against most of the FX majors on the event of lack luster trading yesterday. The Dollar Index is trading at 80.00, near the upper boundary of the range bound trading pattern observed since...
The USD/JPY pair fell after initially rising during the Tuesday session. The resulting candle was a shooting star, and this does look like we are getting ready to can continue with the downward pressure that we solve...
The Dollar Index is still trading range bound between 80.40 and 79.00. The USD traded flat against the Euro, the Swiss Franc and the Aussie Dollar but appreciated by more than 70 pips against the Cable.
The USD/JPY pair rose slightly during the session on Monday as the bounce back from Friday’s selloff fails to impress. However, it should be noted that with the hurricane in the United States, the liquidity dried up...
The Dollar Index is still trading range bound between 80.00 and 79.00. The USD traded flat against most of the FX majors, though mild correction was observed in the Cable after the Cable has appreciated during past...
Being contained by 80.61 resistance, USDJPY pulls back from 80.37, suggesting that a cycle top is being formed on daily chart. Range trading between 79.00 and 80.61 would likely be seen next week.
The USD/JPY pair fell during the session on Friday as the risk appetite fell around the world. The 80 handle continues offer significant resistance, and we could not get above the all-important 80.50 level. If that level...
The USD/JPY pair shot straight up during the session on Thursday as the bullishness in this market continues. In fact, it is the first time that we have closed over the 80 handle and quite some time....
The USD/JPY pair had a very quiet session on Wednesday as we essentially went nowhere by the end of the day. We currently hover around the 79.75 level, just under the all-important 80 handle.
