Tag: USDJPY

USDJPY is in consolidation to up trend. Pullback to retest 108.36 level is still possible next week. As long as 108.36 support holds, we’d expect up trend to continue and further rise towards 112.00 could be seen...

USDJPY is in up trend. The fall from 110.40 is treated as consolidation to up trend. Key support is located at 107.28, as long as this support holds, we’d expect up trend to resume, and further rise...

As expected, USDJPY broke above 108.58 previous high resistance and reached 110.36 level. Further rise to 112.00 to reach next cycle top on daily chart is still possible next week. Initial support is at 107.28, as long...

USDJPY is testing 108.58 previous high resistance. Further rise towards 112.00 could be seen if 108.58 resistance gives ways. Initial support is at 106.57, only break down below this level will pull price back to retest 103.76...

Being contained by the previous high resistance at 108.58, USDJPY formed a sideways consolidation in a narrow range between 107.28 and 108.37. Initial support is at 106.57, as long as this support holds, we’d expect up trend...

USDJPY’s up trend from 103.76 extends to as high as 108.29. Further rise towards 112.00 is expected to follow in a couple of week. Key support is now located at 103.76, only fall below this level will...

USDJPY broke above 107.75 resistance, and formed a cycle bottom at 103.76 on daily chart. Further rise towards 112.00 is expected to follow in a couple of week. Key support is now located at 103.76, only fall...

USDJPY is forming a cycle bottom at 103.76 on daily chart. Key resistance is located at 107.75, a break above this level will confirm the cycle bottom, and further rise above 108.58 previous high resistance is expected...

USDJPY rebound sharply from 103.76 and reached 107.09 high. Moving higher to test 108.58 is still possible next week, a break of this level will signal further rally to 112.00 level. Initial support is at 103.76, only...

USDJPY broke below 104.98 support and is now in down trend. Deeper decline is possible to 100.00 area. Key resistance is now located at 107.75, only rise above this level will signal resumption of long term up...