USDJPY is facing 109.77 resistance. A breakout of this level will suggest that the downside movement from 113.38 had completed at 108.28 already, then further rally towards 111.48 resistance could be seen. Near term support is at...
USDJPY is forming a sideways consolidation in a trading range between 108.28 and 109.77. As long as 109.77 resistance holds, the downtrend could be expected to resume and another fall towards 107.31 is still possible after the...
USDJPY has been moving back and forth inside a range with support at the 109.00 major psychological level and resistance at 114.00. Price is currently testing support and might be due for another bounce back to the...
USDJPY moved sideways in a trading range between 108.28 and 109.77. As long as 109.77 resistance holds, the sideways movement could be treated as consolidation of the downtrend from 111.48 and another fall towards 107.31 is still...
USDJPY stays in a falling price channel on its 4-hour chart and remains in the downtrend from 111.48. As long as the price is in the channel, the downside movement could be expected to continue and next...
USDJPY’s downside movement from 113.75 extended to as low as 108.28. Deeper decline to test 107.31 support could be expected next week. A breakdown below this level could trigger further downside movement to 105.00 area. Resistance is...
The US dollar has broken down significantly over the last couple of sessions, and Thursday so more selling pressure. The market looks likely to continue to go towards the 100% Fibonacci retracement level, which is closer to...
USDJPY extended its downside movement from 113.38 to as low as 108.49. Further decline is still possible after consolidation and next target would be at 107.31. Near term resistance is at the top trend line of the...
The US dollar broke down significantly during the trading session on Wednesday, slicing through what would have been significant support. The 110 level of course is structurally supportive, but it is also the 61.8% Fibonacci retracement level...
After a sideways consolidation, USDJPY broke below 110.19 support and extended its downside movement to as low as 108.96. Further decline could be expected and next target would be at 107.31. Near term resistance is at 109.50,...
