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USDJPY and AUDUSD Technical analysis

Technical analysis USDJPY changes direction to bullish as it breaks below the 50h MA. The pair hit the daily high at 111.59 during the Draghi speech, but sellers took control and driving the pair to […]

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Technical Analysis USDJPY and EURUSD

Technical Analysis USDJPY and EURUSD USDJPY is under pressure today breaking and the 113 level. The pair will rebound from current level as it has reached oversold level and the shorts will run for some […]

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USDJPY Morning Report

  The less than hawkish FOMC report send the pair below the 116 level hitting the lows at 115.57 crushing all supports. The technical picture is deteriorating for USDJPY and have already lost 200 pips […]

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Daily Technical Aanlysis

USDJPY USDJPY tumbled in Asia-Pacific trading today. That fall took the price through the 38.2% of the move up from the December 7th low at 116.537. That was the low price back on December 19th […]

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Forex Technical Outlook 12-1-2016

Forex Technical Outlook – USDJPY USDJPY is trading above the March 2016 highs at the 114.44-54 area again. Yesterday the pair peaked against the area. Today in the Asia session, the price moved above the […]

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Forex Daily Technical Analysis USDCAD – USDJPY

Forex Daily Technical Analysis USDCAD – USDJPY The USDCAD broke through the intraday resistance at 1.3180 and knocked the older highs at 1.3195/00 to hit 1.3208. That is an overly bullish forex signal for the pair […]

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Forex Daily Technical Analysis

Forex Daily Technical Analysis GBPUSD looks like it breaks the triangle formation to the upside, supporting the bullish scenario for the pair. The price is trading above the 100H MA enhancing the positive momentum. USDJPY is […]

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Bank of Japan (BOJ) Governor Kuroda comments

Bank of Japan (BOJ) Governor Kuroda comments USDJPY Central banks can overcome the zero lower bound, as long as the policy maker commits decisively to fulfilling its mandate with well-designed unconventional policy measures It has […]

USD/JPY technical analysis – heavy losses

USD/JPY technical analysis – heavy losses USD/JPY hit session highs of 102.40 in the European session, but after that a sharp decline drove the pair to 102.05 the weakest level since November 27. The announcement […]

USD/JPY Technical Analysis

Technical lines from top to bottom We begin with resistance at the round number of 104. This was a key line in May 2008. 102.50 was an important resistance line in late May. 101.44 was […]