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- Mar, 19 USDJPY: Prices Stall at Major Channel Top
- Mar, 12 USDJPY: Bulls Push Prices to Major Channel Top
- Mar, 05 USDJPY: Exit Short as Positioning Hints Gains Ahead
- Feb, 26 USDJPY: Remain Short as Sellers Regain Momentum
- Feb, 19 USDJPY: Prices Rise to Threaten Stop-Loss, Channel Top
- Feb, 12 USDJPY: Selling to Resume Following Test of 90.00 Level
- Feb, 05 USDJPY: Stay Short as Selling Pressure Intensifies
- Jan, 29 USDJPY: Remain Short as Bears Look for Momentum
- Jan, 24 USDJPY: Short Trade Taken as Prices Clear Support
- Jan, 22 USDJPY: Push to New Lows Threatened as Support Weakens
- Jan, 15 USDJPY: Deeper Losses Threatened as Prices Test Support
- Jan, 08 USDJPY: Stand Aside on Conflicted Technical Positioning
- Dec, 22 USDJPY: Bullish Correction Continues to Unfold
- Dec, 11 USDJPY: Bounce Looks Likely at Major Support Level
- Dec, 07 USDJPY: Volatility Continues as Prices Search for Direction
- Nov, 27 USDJPY: Japanese Yen Outperforms Against US Dollar
- Nov, 20 USDJPY: Prices Inch Lower to Challenge Major Double Bottom
- Oct, 30 USDJPY: Bullish Correction Continues to Play Out
- Oct, 23 Dollar / Yen Bullish Correction Continues, Sell Entry Ahead
- Oct, 16 US Dollar / Japanese Yen Bullish Correction Underway
USD/JPY
Strategy: Flat
After a shallow rebound from support at the bottom of a falling channel that has guided prices since April, USDJPY has put in a large Bearish Engulfing candlestick pattern, hinting that bearish momentum was ready to resume. The bears face a formidable hurdle, however, with major support lining up in the 87.09-88.23 area. We will observe from the sidelines for now as prices resolve this pivotal juncture. A break lower would open the door for rapid bearish acceleration below the 80.00 mark.
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