Tag: USDJPY

USDJPY is testing the support of the lower border of the falling price channel on daily chart. Consolidation is expected next week. However, the pair remains in downtrend from 98.88, deeper decline is still possible after consolidation...

USDJPY drops below 93.53 long term key support, suggesting that the downtrend from 101.43 has resumed. Deeper decline is now in favor and target would be at 90.50 zone. However, the downtrend could be suspended by the...

USDJPY is forming a sideways consolidation in a range between 93.53 and 101.43. Fall down to re-test 93.53 key support is expected next week. A break below this level will signal deeper decline to 90.00 zone. Near...

USDJPY formed a cycle top at 98.88 level on daily chart. Falling down to re-test 93.53 key support is expected next week. A break below this level will signal deeper decline to 90.00 zone. Near term resistance...

USDJPY has formed a cycle top at 98.88 level on daily chart. Moving lower to test 93.85 support is expected, a break down below this level will signal deeper decline to 90.00 zone. Near term resistance is...

USDJPY might be forming a cycle top at 98.88 level on daily chart. Pullback towards 95.00 is possible in next several days. However, above 98.88 will indicate that the uptrend from 93.85 has resumed, and further rally...

USDJPY might be forming a cycle top at 98.88 level on daily chart. Deeper decline would more likely be seen in next several days. Near term resistance is located at 98.88, a break above this level will...

USDJPY breaks above 97.23 key resistance, suggesting that a cycle bottom has been formed at 93.85 level on daily chart and now the pair is back to range trading between 93.53 and 101.43. Further rally is possible...

After touching the rising trend line from 93.53 to 95.62, USDJPY pulls back from 97.23 level, suggesting that a cycle top has been formed on daily chart. Deeper decline to retest 93.53 long term key support could...