USDJPY extended its upside movement from 104.63 to as high as 107.78, facing the resistance at 107.90. Range trading between 106.61 and 107.78 would likely be seen in a couple of days. As long as 106.61 support...
USDJPY is testing 107.90 resistance. Above this level would indicate that the downside movement from 114.73 had completed at 104.63 already, then further rally to 110.00 area could be seen. However, as long as 107.90 resistance holds,...
USDJPY moved sideways in a trading range between 106.61 and 107.49. As long as 106.61 support holds, the price action in the range could be treated as consolidation for the uptrend from 104.63, and a breakout of...
USDJPY remains in the uptrend from 104.63, the sideways movement in a trading range between 106.61 and 107.49 is likely consolidation for the uptrend. As long as 106.61 support holds, the uptrend could be expected to resume...
The US dollar has initially tried to rally during the trading session on Monday but found a bit of resistance at the 107.20 level. The market has more than enough support below to keep it afloat though,...
USDJPY pulled back from 107.49 after breaking above 107.01 resistance. However, the fall is likely corrective consolidation for the uptrend from 105.65. Another rise would likely be seen after the consolidation and next target would be at...
USDJPY is facing 107.90 resistance, a breakout of this level would suggest that the downside movement from 114.73 had completed at 104.63 already, then the following upside movement could take price to next resistance level at 110.00...
USDJPY short term Elliott Wave view suggests that the decline to 104.54 low on March 26 ended Intermediate wave (3). Wave (4) correction is in progress as a double three Elliott Wave Structure. A double three is a 7 swing...
USDJPY broke above 107.01 resistance and extended its upside movement from 105.65 to as high as 107.49. Near term support is at the bottom trend line of the price channel on the 4-hour chart. As long as...
USDJPY is now facing 107.01 resistance, a breakout of this level could signal resumption of the uptrend from 104.63, then further rise to test 107.90 resistance could be seen. Support is at 105.65, only a breakdown below...
