USD/JPY Price Forecast December 12, 2017, Technical Analysis

by FX Empire | December 12, 2017 7:01 am
  The US dollar drifted a little bit lower during the trading session on Monday, but continues to find support just below. I think that the 113 level is going to be supportive, so it’s not until...

USDJPY Daily Analysis – December 11, 2017

by ForexCycle.com | December 11, 2017 1:02 am
USDJPY extended its upside movement from 110.84 to as high as 113.63. As long as the pair is above the rising trend line on the 4-hour chart, the upside movement could be expected to continue and further...

USDJPY Weekly Analysis – December 10, 2017

by ForexCycle.com | December 10, 2017 7:28 am
USDJPY’s fall from 114.73 had completed at 110.84 already. Further rise to test 115.50 resistance would likely be seen in a couple of weeks, a breakout of this level will confirm that the long term uptrend from...

USD/JPY Price Forecast December 11, 2017, Technical Analysis

by FX Empire | December 9, 2017 11:29 am
  The US dollar continue to go higher during the trading session on Friday, as the job number continues to show signs of life. It looks likely that the 113.50 level is going to offer short-term resistance,...

USDJPY Inverse Head and Shoulders (Dec 08, 2017)

by Kate Curtis | December 8, 2017 9:11 am
USDJPY could be in for more gains from here as price broke past the neckline of its inverse head and shoulders formation. This is considered a classic reversal signal and spans 200 pips, so the uptrend could...

USD/JPY Price Forecast December 8, 2017, Technical Analysis

by FX Empire | December 8, 2017 6:02 am
  The US dollar rallied significantly during the trading session on Thursday, looking to reach towards the 113 handle. However, as we start to get towards the end of the session on Thursday, things will calm down...

USDJPY Daily Analysis – December 8, 2017

by ForexCycle.com | December 8, 2017 2:48 am
USDJPY broke above 113.08 resistance, indicating that the uptrend from 110.84 has resumed. Further rise could be expected and next target would be at 113.91. Above this level would aim 114.73. Near term support is located at...

USDJPY Daily Analysis – December 7, 2017

by ForexCycle.com | December 7, 2017 2:01 am
USDJPY is facing the support of the rising trend line on its 4-hour chart. As long as the trend line support holds, the fall from 113.08 could be treated as consolidation of the uptrend from 110.84 and...

USD/JPY Price Forecast December 6, 2017, Technical Analysis

by FX Empire | December 6, 2017 9:00 am
  The US dollar rallied against the Japanese yen was perhaps in reaction to the US Congress looking likely to pass tax reform. That of course will be good for the United States economy, and of course...

USDJPY Daily Analysis – December 6, 2017

by ForexCycle.com | December 6, 2017 1:59 am
USDJPY remains in uptrend from 110.84, the fall from 113.08 could be treated as consolidation of the uptrend. As long as the price is above the rising trend line on the 4-hour chart, the upside movement could...