USDCAD is facing the resistance of the upper line of the price channel on 4-hour chart, a clear break above the channel resistance will indicate that the downtrend from 1.0341 (Mar 1 high) had completed at 1.0013 […]

US Dollar / Japanese Yen broke above the down trendline at 100.77, five days ago.  This is a bullish sign.  This down trendline, currently with an ending point at 99.73, may now provide downside support with […]

A Daily white body has formed yesterday. A Daily engulfing bullish line has formed (where a white candle’s real body completely contains the previous black candle’s real body). The engulfing bullish pattern is […]

US Dollar / Japanese Yen broke above the down trendline at 100.77, four days ago.  This is a bullish sign.  This down trendline, currently with an ending point at 99.73, may now provide downside support. If […]

USDJPY continues its upward movement from 98.58, and the rise extends to as high as 102.42. Support is at 101.20, as long as this level holds, the uptrend could be expected to continue, and next target would be at […]