USDJPY

After a recent corrective pullback from 156.79, the USD/JPY currency pair has shown resilience by rebounding from 153.59. This bounce has propelled the pair to as high as 155.97, indicating potential for further upward movement. Looking ahead, it is likely that the pair will continue to rally in the coming days, with the next target…

The USD/JPY currency pair has witnessed a significant extension of its upside move, rallying from the 151.86 level to as high as 156.79. However, the subsequent pullback from this high is likely a corrective move within the broader uptrend, suggesting that another rally towards the 158.00 area could be on the cards after the current…

The USD/JPY currency pair has recently witnessed a significant bullish move, extending its upside rally from the 151.86 level to as high as 155.69. This surge in momentum suggests that further gains could potentially be on the horizon for the pair. The next target for the bulls is the 156.50 level, followed by the 158.00…

The USD/JPY currency pair has witnessed a significant price action, extending its downside move from the 160.21 level to as low as 151.86. However, the subsequent bounce from this low has reached as high as 154.52, suggesting that the downside move from 160.21 has likely completed. With this development, further rallies in the USD/JPY are…

The USD/JPY currency pair has recently experienced a significant bearish development, breaking below the rising trend line on the 4-hour chart and the key support level at 153.58. This breakdown suggests that the upside move from the 146.47 level has likely completed at the 160.21 high. With this bearish signal, further declines in the USD/JPY…

The USDJPY currency pair has taken a bearish technical turn by breaking below the rising trendline support visible on the 4-hour chart timeframe. This breakdown suggests that the recent upside move from the 150.80 low may have already completed at the 160.21 high printed this week. In the wake of this trendline violation, USDJPY may…

The USDJPY currency pair continues to exhibit bullish momentum, with the pair trading comfortably above a rising trendline visible on the 4-hour chart timeframe. This technical posture suggests that the broader uptrend from the 150.80 low remains firmly intact at the moment. Riding the wave of this uptrend, USDJPY has managed to rally as high…

The USDJPY currency pair has made a bullish technical breakthrough by surging above the 154.78 resistance level. This move has extended the recent upside advance from the 150.80 low, with the pair now reaching as high as 155.51. As long as USDJPY remains trading above the rising trendline visible on the 4-hour chart timeframe, the…

The USDJPY currency pair has taken a bearish technical turn by breaking below the rising trendline support visible on the 4-hour chart timeframe. This trendline breakdown suggests that a lengthier period of consolidation could potentially be underway within the broader uptrend that has been tracking from the 146.47 low printed back in March. In the…

The USDJPY currency pair is currently facing an important technical test, with price action hovering near the rising trendline support visible on the 4-hour chart timeframe. As long as this trendline support area manages to hold firm, the pullback from recent highs could be viewed as nothing more than a consolidation within the broader uptrend…

The USDJPY currency pair has continued to exhibit strong bullish momentum, with the recent upside move from the 150.80 low extending all the way up to 154.44 so far. As long as USDJPY remains trading above the rising trendline visible on the 4-hour chart timeframe, the path of least resistance appears to be for further…

The USDJPY currency pair has seen a strong bounce higher, rallying all the way up to 153.23 so far. This move took out the 151.96 resistance level, suggesting that the broader uptrend from the 146.47 low on March 8th has resumed after a brief pause. With momentum clearly favoring the bullish side once again, further…