The USD/JPY pair fell for much of the session on Friday, only to pop back up to form a hammer just above the 82 support level. The pair looks strong still, and we are long of it....
Technical analysis for 5/04
The USD/JPY pair fell during the session on Friday as the risk off trade came back. The pair did manage to hold above the 82 level, and this is a good sign for the bulls. The hammer...
The USD/JPY pair shot straight up on Tuesday as the Federal Reserve minutes made no real mention of any form of quantitative easing coming in the near future. The release solidified the bullishness of this pair as...
The negative Euro-zone news’ release pressured the Euro currency.
The USD/JPY pair had a rough day on Monday as the bears sold this pair off. The resulting candle is a long red one, and it is sitting right on the 0.82 support level. The pair looks...
Market review for 26 – 30.03, 2012 Euro: At the beginning of the week the Euro showed slightly growth against its competitors
The USD/JPY pair rose after originally falling for the Friday session as the support level at 82 held true yet again. The pair has recently enjoyed resurgence in the bullish case, and as long as the Bank...
USDJPY formed a cycle top at 84.17 on daily chart, and is now in correction of the uptrend from 76.02. Pullback to 80.00-81.00 area to complete the correction would likely be seen in a couple of weeks....
The USD/JPY pair fell for a significant part of the Thursday session as the markets were weak for a large part of the day. The 50% Fibonacci has returned into the fold as support though, and as...