USDJPY is in consolidation for the downtrend from 113.75 (Dec 12, 2017 low). Sideways movement in a trading range between 105.54 and 107.90 would likely be seen over the next several days. As long as 107.90 resistance...
The US dollar has rallied during the trading session on Tuesday, reaching towards the 107 handle. Ultimately, the market has a lot of resistance between here and the 107.50 level above. If we can break above there,...
USDJPY broke above the top trend line of the price channel on the 4-hour chart, indicating that lengthier consolidation for the downtrend from 113.75 (Dec 12, 2017 low) is needed. Range trading between 105.54 and 107.90 would...
USDJPY stays in a falling price channel on its 4-hour chart, indicating that the pair remains in the downtrend from 113.75 (Dec 12, 2017 low). Further decline is still possible after consolidation and a breakdown below 105.54...
The US dollar has gapped higher initially during Monday trading, but then turned around to break down significantly. By breaking down below the bottom of the gap, it forms a very negative outlook for the pair. We...
USDJPY failed to breakout of the top trend line of the price channel on the 4-hour chart, suggesting that the pair remains in the downtrend from 113.75 (Dec 12, 2017 low). As long as the channel resistance...
USDJPY extended its downside movement from 113.75 to as low as 105.54. As long as the price is below the bearish trend line on the daily chart, the downside movement could be expected to continue and next...
USDJPY remains in the downtrend from 113.75 (Dec 12, 2017 low), the bounce from 105.54 is likely consolidation for the downtrend. Near term resistance is at the top trend line of the price channel on the 4-hour...
The US dollar has rallied a bit against the Japanese yen during the trading session on Tuesday, reaching towards the 107.50 level. That’s an area that was previous support in the past, but I think at the...
USDJPY stays in a falling price channel on its 4-hour chart and remains in the downtrend from 110.48. As long as the channel resistance holds, the bounce from 105.54 could be treated as consolidation for the downtrend...
