The USD/JPY pair fell during the Monday session after initially trying to push higher. This shouldn’t be much of a surprise, as it has surged so high in such a short amount of time. This could be...
The USD/JPY pair had another bullish session on Friday as the market plowed into the 79.50 level. We have recently broken out above consolidation and it appears that the market is dead set on running to the...
USDJPY breaks above the upper line of the price channel on daily chart, suggesting that a cycle bottom has been formed at 77.92, and the downtrend from 80.61 has completed. Further rise could be expected next week,...
There seems to be a disconnect between the economic news and market action. Specifically, the action of the Spanish IBEX 35 Index, today up 2.09%, and the Italian FTSE MIB Index up 1.08% seems to contradict economic...
USD/JPY had another good session on Thursday as the Yen continues to weaken. Looking at the charts, we have the breakout once we rose above the 78.75 level, and if you have been watching you know that...
The USD/JPY pair had a pretty wild session on Wednesday as the pair both rose and fell in order to form a hammer just above the 78.75 level that we have been watching recently.
Market review for 14.08.12: The reports for German and French economical data were quite positive. Asian and European trading sessions:
The USD/JPY pair had a bullish session on Monday, as the Yen sold off in general. The 78.75 level gave way, and as such we think that this pair will continue to rise over time. We have...
Market review for 13.08.12: The Euro substantially grew on the results of the auctions for the Germany and Italy bonds.
USD/JPY had a positive session during the Monday trading day as we are simply bounced off of the support area below. Looking at the charts, the real question then becomes whether or not we are fighting massive...
