All articles related to the Japanese Yen.
USDJPY TECHNICAL ANALYSIS Lets look at the USDJPY on the 4 hour time frame. I have marked up the chart and as you can see the pair has broken above its wide downtrend channel. Above the 107.0 level, we can expect this pair to continue moving up. Currently price pulling back and testing the dynamic
AUDJPY TECHNICAL ANALYSIS Lets look at the AUDJPY on the 4 hour time frame. I have marked up the chart and as you can see the pair is in a downtrend channel. Trend is down but we do not discount the possibility of this pair rebounding back up to the top slanting line of the
Analysis of GBPJPY on the daily time frame. The currency pair is still within an uptrend channel and price have closed above the 15 and 30 EMA which acted as dynamic resistance in the past and is now acting as dynamic support. As long as price is above the EMAs, price have the potential to
This is a GBPJPY Technical Analysis on a Forex Blog. GBPJPY – On the H8 chart we see the GBPJPY going sideways after reaching a high of around 146.76. The pair have been in an uptrend and we have not broken below the diagonal trendline stretching all the way back to 5th October 2016. However,
This is a EURJPY Technical Analysis on a Forex Blog. EURJPY – On the H4 chart we see the EURJPY going sideways after reaching a high of 130.733. . The 128.5 level is providing support at the moment and price is currently testing the 15 ema which is currently acting as resistance. Price needs to
USDJPY – The US Dollar is gaining ground against the Japanese Yen. All looks happy and dandy for the USDJPY bulls at the moment. Every day is a Sunday and they can smell the flowers while trading on their desk. But how long can this elevated move in the USDJPY sustain itself? If you look at
GBPJPY - On the daily chart. We can see that the pair has been in a downtrend since 19th November. We can also see that the pair is currently being supported by a trendline and price have been hovering around that area since last week. If the pair is supported at the current level, we
USDJPY - Pair is above the 15 ema and bulls continue to try to push towards R1 pivot. Price is also trading above the Pivot Point. Yesterday's candle close is bearish and shows that the bulls might be in for a tough fight as we go along. Also, stochastic is pointing down and there is
The Dollar Yen continue to show bullish tendencies in this clear uptrend. On the left is the H$ and the right is the Daily chart. Starting with the daily chart, we can see that the pair closed with a Bullish engulfing candle and broke above the channel and the 15ema. This bullish set up
Good day traders! Looking at the usd/jpy on the weekly time frame, we see last resistance at 94.0 being broken and which also happens to be the 38.2% Fibonacci resistance. Right now, the pair is seen aiming towards next resistance level at 97.76, after which a rise towards 100, the 50% fibonacci level would not
