USDJPY extended its downside movement from 113.75 to as low as 108.04. As long as the price stays in the bearish channel on the daily chart, the downside movement could be expected continue and further decline to...
The US dollar rallied a bit against the Japanese yen at the open on Thursday but continues to find plenty of resistance above at the 110 handle. This is a market that will be highly sensitive to...
USDJPY moved sideways in a trading range between 108.28 and 110.48. The sideways move is likely consolidation of the downtrend from 113.75 (Dec 12, 2017 low). As long as 110.48 resistance holds, the downtrend could be expected...
The US dollar has been very noisy against the Japanese yen during the trading session on Tuesday, so it’s likely that the market should continue to be so. I believe that the risk appetite out there is...
USDJPY continued its sideways movement in a trading range between 108.28 and 110.48. As long as 110.48 resistance holds, the sideways movement could be treated as consolidation of the downtrend and a breakdown below 108.28 support could...
USDJPY failed to break below 108.28 support and stayed in the trading range between 108.28 and 110.48. The price action in the trading range could be treated as consolidation of the downtrend from 113.75, and another fall...
USDJPY dropped sharply from 110.48 to as low as 108.54, facing 108.28 support. A breakdown below this level will indicate that the downtrend from 113.38 has resumed, then next target would be at 107.31 support. Near term...
USDJPY broke above 109.77 resistance. Further rise would likely be seen and next target would be at 111.00, followed by 111.48. Near term support levels are at 109.50 and 109.20. Only break below these levels could bring...
USDJPY stays in a falling price channel on the daily chart and remains in the downtrend from 113.75. As long as the channel resistance holds, the bounce from 108.28 could be treated as consolidation of the downtrend....
USDJPY is trending lower on its 4-hour time frame, moving inside a descending channel pattern. Price is currently testing the channel resistance around 109.50 and might be due for a move back to the bottom or the...
