USDJPY broke above 110.26 resistance, suggesting that the upside movement from 108.11 has resumed. Further rise would likely be seen and next target would be at 111.00 area. Near term support is at the bullish trend line...
USDJPY broke below 109.37 support, indicating that the upside movement from 108.11 had completed at 110.26 already. Further decline could be expected and next target would be at 108.50 area. Resistance is at 110.26, only a breakout...
USDJPY is facing 109.37 support, a breakdown below this level would indicate that the upside movement from 108.11 had completed at 110.26 already, then further decline towards 108.11 support could be seen. On the upside, as long...
USDJPY extended its upside movement from 108.11 to as high as 110.26. As long as 109.37 support holds, the upside movement could be expected to continue and next target would be at 110.50 area. On the downside,...
USDJPY’s upside movement from 108.11 extended to as high as 110.00. Further rise is still possible after a minor consolidation and next target would be at 110.40 area. Support is at 109.37, only a breakdown below this...
USDJPY extended it upside movement from 108.11 to as high as 109.99. Further rise is still possible after a minor consolidation and next target would be at 110.40 area. Near term support is at 109.35, only a...
USDJPY remains in the downtrend from 111.39, the bounce from 108.11 is likely correction of the downtrend. Another fall towards 106.00 is possible after the correction. Near term support is at 109.00, a breakdown below this level...
USDJPY is now in the downtrend from 111.39, the bounce from 108.11 is likely correction of the downtrend. Another fall could be expected after the correction and a breakdown below 108.11 support could take the price to...
The 2018 forex market has been rather consistent for the most part. There have not been any major incidences in the global economy and this has been reflected in the major currency pairs in the market. The...
USDJPY Short-term Elliott Wave view suggests that the rally to 111.40 on May 21 ended intermediate wave (A) as a Diagonal structure coming from March 26 low (104.52) cycle. Pair is currently correcting cycle from 3/26 low within Intermediate wave (B)....
