Forex (USD/JPY)

  • usd-jpy-1hr
    USD/JPY prices tighten heading into flag apex

    The USD/JPY currency chart is displaying a nicely formed bull flag perfectly located at the top of a multi-hour trend on the one-hour time frame. 23.6 fib and flag support line at (1) need to hold in order to keep the flag intact.

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  • USD:JPY-Bulls
    USD/JPY Bulls take another Beating

    Yesterday’s low (2) came in at 10477.3 for the USD/JPY placing it squarely inside the historic support zone (1), a slight recovery into the close printed 10496.4 a few pips shy of the 10500 handle.

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