The USD/JPY pair had a volatile day on Tuesday as the 80 level continues to be a magnet for action. The level is a massively supportive area, as it was the scene of a massive breakout back...
USD/JPY has been an interesting market lately. The technical outlook for this pair has seen wild swings in momentum, and many traders and analysts are out there preaching one thing last week and another this week.
EURUSD
The USD/JPY pair is one that many traders are watching at the moment. The pair features two central banks that are trying to ease monetary policy in different ways, and as such this is a real race...
USDJPY stays within a downward price channel on daily chart, and remains in downtrend from 84.17. Further decline would likely be seen over the next several days, and next target would be at 79.00 area. Resistance is...
The USD/JPY pair is without a doubt one of the most interesting pairs at the moment. In this market you have a matchup of two central banks that seem dead set on killing off their currencies.
The USD/JPY pair had an eventful day during the session on Wednesday, only to end up essentially unchanged. The pair is currently right on the edge of a downtrend channel, and the piercing of it certainly would...
The euro strengthened amid positive results of auctions of Italy, Spain, and Netherlands governments’ bonds.
The USD/JPY pair fell for a significant part of the Tuesday session, only to pop higher and form a hammer. The pair is currently stuck in a down trending channel, but looks as if it is getting...