Tag: USDJPY

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...

USDJPY’s downtrend from 101.43 extends further to as low as 93.85 level. Deeper decline to test 93.53 long term key support is expected next week. A break down below this level will indicate that a cycle top...

USDJPY breaks below 95.62 support. Deeper decline is expected to test 93.53 medium term key support, a break below this level will indicate that a cycle top has been formed at 101.43 level on weekly chart, and...

USDJPY breaks below the support of the rising trend line from 93.53 to 95.62. Deeper decline to test 95.62 level is possible later today, a break below this level will signal deeper decline to test 93.50 key...

USDJPY traded in a narrow range between 97.90 and 99.70 for several days. The price action in the trading range is treated as consolidation of the uptrend from 95.62. Further rally to test 101.43 resistance is still...

USDJPY has formed a cycle bottom at 95.62 level on daily chart and the fall from 101.43 has completed. Further rise is expected to test 101.43 resistance next week, a break above this level will signal further...

USDJPY’s fall from 101.43 extends further to 96.63 level. Deeper decline is still possible next week and next target could be seen to 95.00-95.50 area. However, the price action from 99.67 is more likely consolidation of the...

USDJPY remains in uptrend and the fall from 101.43 is treated as consolidation of the uptrend. Further rise is still possible to 105.00 zone. Near term support is at the rising trend line from 87.12 to 93.53,...

USDJPY remains in uptrend from 93.53. Further rally could be seen to 105.00 zone in a couple of weeks. Near term support is at 98.50, as long as this level holds, the uptrend from 93.53 will continue....