USD/JPYUSDJPY sellers are still active in the pair and have taken price action back towards the ascending trendline, where bullish rebounds normally take place. Oscillations are continuing to narrow a
USD/JPYThe USDJPY is tracing the trendline higher as oscillations reach higher lows, confirming a bullish bias. The trendline will remain a key support level for the pair. U.S. dollar weakness is prev
USD/JPYThe USDJPY continues to trace upwards, slightly above the ascending trendline. Buyers remain active albeit at a more moderate pace. A target exists at the 110.69 price level. Momentum indicator
USD/JPYThe USDJPY has failed to clear the 109.09 support level, despite a spike in bullish momentum towards the close of the trading week last week. Price action will likely consolidate in the current
USD/JPYThe USDJPY has fallen back below the 109.09 resistance area, as a series of small-bodied candles indicate waning bullish momentum. Price action is moving back towards the ascending trendline wh
USD/JPYThe USDJPY has pulled back below the 109.09 support level after failing to build any momentum in the rally attempt. The ascending trendline remains a key support level for the pair. Momentum in
USD/JPYThe USDJPY is stumbling and struggling to maintain momentum for the rally. A series of small-bodied candles suggest that neither buyers nor sellers have the appetite to drive price action. The
USD/JPYThe USDJPY has stalled at the 109.09 price level which was previously an obstacle for buyers. A longer-term uptrend has been established since the beginning of January 2021 and despite breakdow
USD/JPYUSDJPY price action continues to fade closer to the ascending trendline, with a series of doji candles indicating that neither buyers nor sellers are dominating. As the pair edges closer to the
USD/JPYThe USD/JPY pair has stalled mid-range between the 109.14 and 111.20 price levels, as bearish sentiment has faded. Currently, there appears to be a lack of conviction from buyers, however, the
USD/JPYThe USD/JPY pair has stalled just before the 111.20 resistance line as sellers appear to be returning. The next support level is at the 109.54 price line. The next few trading sessions will det
USD/JPYThe USD/JPY pair continues to touch a recent price high at the 106.05 price level, which has proven to be an obstacle in the past. The price area continues to contain price action despite a wel
USD/JPYThe USD/JPY pair has pulled back to the 105.53 support level where the selling activity stalled and buyers returned. The pullback therefore seems to be short-lived and another attempt at the 10
