USDJPY failed to break below 112.03 support, suggesting that lengthier sideways movement in a range between 112.03 and 113.75 is underway. Further rally towards 113.75 resistance would likely be seen in the coming days. Only a breakdown...
USDJPY has formed lower highs and found support at the 112.00 area, creating what might be a descending triangle pattern. Price is currently testing support and might be due for a bounce back to resistance if it...
The US dollar fell significantly during the trading session on Tuesday, reaching towards the 112 level. This is an area that has been important more than once, and therefore it’s not a huge surprise to see that...
USDJPY is now facing 112.03 support. A breakdown below this level could take price to next support level at 110.84. Near term resistance is at 112.60, only break above this level could trigger another rise to test...
USDJPY moved sideways in a trading range between 110.84 and 114.73. As long as 110.84 support holds, the sideways move could be treated as consolidation of the uptrend from 107.31, and another rise to test 115.50 resistance...
USDJPY’s fall from 113.63 extended to as low as 112.66. Further decline would likely be seen and next target would be at 112.03. Below this level could take price to next support level at 110.84. Near term...
USDJPY failed to break above 113.75 resistance and pulled back from 113.63, suggesting that lengthier sideways movement in a range between 112.03 and 113.75 is underway. Deeper decline to 112.40 area would likely be seen in the...
The US dollar has drifted a bit lower against the Japanese yen during the trading session on Tuesday, reaching down towards the 113.25 region. However, this is a market that will have a significant lack of...
USDJPY continued its sideways movement in a trading range between 110.84 and 114.73. The sideways movement is likely consolidation of the uptrend from 107.31. As long as 110.84 support holds, the uptrend could be expected to resume,...
USDJPY is facing 113.75 resistance. A breakout of this level will confirm that the uptrend from 110.84 has resumed, then next target would be at 114.73 resistance. Support is at the bottom of the rising price channel...
