USDJPY extended its downside movement from 110.48 to as low as 105.54. As long as the price is below the bearish trend line on the 4-hour chart, the downside movement could be expected to continue and next...
USDJPY recently broke below a major support zone, confirming that a downtrend is underway. Price appears to be finding support at current levels, though, so a pullback is also possible. Stochastic is on its way up to...
USDJPY broke below 107.31 support and extended its downside movement from 113.75 to as low as 105.54. As long as the price is below the falling trend line on the daily chart, further decline is still possible...
USDJPY’s downside movement from 110.48 extended to as low as 106.42, breaking below 107.31 (Sep 8, 2017 low) support. Further decline would likely be seen after a minor consolidation and next target would be at 105.00 area....
USDJPY Short-term Elliott Wave view suggests that the rally to 110.48 high ended Intermediate wave (4) bounce on February 02.2018 peak. Below from there, the decline is unfolding as an Ending Diagonal Structure within Intermediate wave (5) lower. Where Minor wave 1 ended...
The 107.50 level underneath is the bottom of a larger consolidation area that the pair has been in for some time, and the fact that we slammed into it during trading on Tuesday suggests that we are...
USDJPY extended its downside movement from 110.48 to as low as 107.40, facing the 107.31 (Sep 8, 2017 low) support. The key resistance is at the top trend line of the price channel on the 4-hour chart....
The US dollar has drifted slightly lower against the Japanese yen during the trading session on Monday, as we continue to see a bit of concerned from traders around the world. I think that this pair is...
USDJPY stays below a falling trend line on the 4-hour chart and remains in the downtrend from 110.48. As long as the trend line resistance holds, the downtrend could be expected to continue and next target would...
USDJPY broke below 108.28 support, suggesting that the downside movement from 113.75 (Dec 12, 2017 low) has resumed. Further decline is still possible and next target would be at 107.31 (Sep 8, 2017 low) support. Near term...
