The USD/JPY pair fell during most of the Tuesday session as the pair dug its way back into the supportive area between 78 and 78.75. The pair looks like it’s been supportive at the 78 handle by...
The US Dollar slipped of yesterday’s European session highs to close weak, 81.00-81.20 is posting as support; daily close below 81.00 would lead to further depreciation in the USD across the board. Yesterday the benchmark equity index...
The USD/JPY pair had a very quiet session on Monday, in order to form a very neutral candle. We are sitting on top of support though, and as such it looks like a break to the upside...
The US Dollar is trading flat after finding support at 81.20 with 82.00-82.30 being interim resistances. Further weakening of the Greenback is expected only on daily close below 81.00 ranges.
The USD/JPY bounced on Friday as the market formed a hammer. This hammer is in the middle of quite a bit of support from 78 to the 78.75 zone, and as such this looks like a good...
The US Dollar after correcting from 84.20 ranges since couple of weeks is currently trading flat after finding support at the interim support of 81.20 ranges. Further weakening of the Greenback is expected only on daily close...
USDJPY has formed a cycle top at 79.65 on daily chart. Deeper decline to test 77.66 support would likely be seen next week, a breakdown below this level will indicate that the downtrend from 84.17 has resumed,...
USD/JPY fell during the session on Thursday as the “risk off trade” continued. The pair looks like it is trying to find some type of support in that general vicinity and this of course makes sense as...
The USD/JPY pair had a massive selloff during the session on Wednesday as the Federal Reserve released its minutes from last month’s meeting. The release had shown that several of the members were seriously considering further quantitative...
The USD/JPY pair initially had a bullish session on Tuesday, but gave up quite a bit of the gains as the market churned within the 79-80 resistance zone. The area looks ripe for a pullback, and this...
