USD/JPY rebounds on Tuesday
The US dollar has rallied during the trading on Tuesday, reaching towards the 106.50 region. If we can break above there, the market then goes to the 107.50 level over the longer term. However, this is a...
Tag: USDJPY
USDJPY Daily Analysis – April 4, 2018
USDJPY remains in the short term uptrend from 104.63, the fall from 107.01 is likely correction for the uptrend. Another rise to test 107.29 resistance is possible and a break of this level could take price to...
USDJPY Daily Analysis – April 2, 2018
USDJPY failed to break above 107.29 resistance and pulled back from 107.01. However, another rise to test 107.29 resistance is possible and a breakout of this level could take price to next resistance level at 107.90. Support...
USDJPY Weekly Analysis – April 1, 2018
USDJPY moved sideways in a trading range between 104.63 and 107.90. As long as 107.90 resistance holds, the sideways movement could be treated as consolidation for the downtrend from 114.73 and another fall towards 102.00 is still...
US dollar falls against the Japanese yen initially on Thursday
The US dollar fell during the trading session on Thursday, reaching down towards the 106.50 level, which is an area that of course has been important more than once. It is looking to offer a bit of...
USDJPY Daily Analysis – March 30, 2018
USDJPY remains in the uptrend from 104.63, the fall from 107.01 could be treated as consolidation for the uptrend. Support is at 105.75, as long as this level holds, the uptrend could be expected to resume and...
USDJPY Daily Analysis – March 29, 2018
USDJPY broke above the falling trend line on its 4-hour chart, suggesting that the short term downtrend from 107.29 had completed at 104.63 already. Further rally would likely be seen and next target would be at 107.29...
USD/JPY Price Forecast March 28, 2018, Technical Analysis
The US dollar has rallied a bit during the trading session on Tuesday, as we continue the bullish move from Monday. The market has calmed down significantly, as this is a “risk on/risk off” currency pair and...
USDJPY Daily Analysis – March 28, 2018
USDJPY is facing the resistance of the falling trend line on the 4-hour chart. As long as the trend line resistance holds, the bounce from 104.63 could be treated as consolidation for the short term downtrend from...
USDJPY Daily Analysis – March 27, 2018
USDJPY broke above 105.60 resistance, suggesting that the short term downtrend from 107.29 had completed at 104.63 already. Further rally is still possible in the coming days and the target would be at 106.00 area, followed by...