USDJPY is moving to 88.01 previous low, however, this level would more likely be held and another rise towards 94.00 is expected before breaking below 88.01 level. On the down side, below 88.01 could signal deeper decline...
USD/JPY Open 88.92 High 89.44 Low 88.64 Close 88.95Dollar/Yen made an indecisive movement on Thursday, forming divergence on the 3 hour chart, than continued descending from the 89.44 top, closing the day at 88.95. On the 1...
USD/JPY Open 89.25 High 89.50 Low 88.77 Close 89.23After breaking down the 89.40 support level, Dollar/Yen continued its bearish movement on Tuesday, reaching a bottom at 88.77 and closing the day at 89.23. Our expectations are for...
USD/JPY: The Yen has lost ground to every other currency in the G-10 except the Dollar, since March of 2009. The BOJ has always favored a weak currency as it supports their large export business which accounts...
USD/JPY Open 89.01 High 89.70 Low 88.77 Close 89.04 On Monday Dollar/Yen continued its downward movement, reaching depths of 88.77, closing the day at 89.04. Signals are expected to continue the decreasing momentum with technical objectives towards...
USDJPY formed a trading range between 88.01 and 92.32. Moving sideways in the range is expected and deeper decline to 88.50 is possible next week. However, rebound would more likely be seen before breaking below 88.01 previous...
USD/JPY Open 90.28 High 90.58 Low 89.63 Close 90.36 On Thursday Dollar/Yen traded hesitantly, rising in the second half of the day as Dollar gained across the board. After quotes made unconvincing break down of 89.30 on...
USD/JPY Open 89.90 High 90.02 Low 89.32 Close 89.87 Dollar/Yen traded with volatility on Wednesday. On a 3 hour chart there was intense battle around 89.32 support level, and bears seem to be fighting better for now...
USD/JPY Open 89.95 High 90.23 Low 89.68 Close 89.96 On Monday Dollar/Yen was trading quietly after the sharp fall on Friday. On the 1 hour chart the important key support 89.55 was broken downward at the beginning...
USDJPY has formed a trading range between 88.01 and 92.32. Sideways movement in the range is expected in a couple of week, and another rise to 95.00 would more likely be seen after consolidation. However, a breakdown...