USD/JPY Price Forecast October 17, 2017, Technical Analysis

by FX Empire | October 17, 2017 6:13 am
The US dollar initially tried to rally against the Japanese yen on Monday, after gapping a bit lower. We broke above the 112 level, but then turned back around to fall to the lows again. However, I...

USDJPY Daily Analysis – October 17, 2017

by ForexCycle.com | October 17, 2017 2:10 am
USDJPY failed to break below 111.47 key support and stayed in the trading range between 111.47 and 113.43. As long as 111.47 support holds, the fall from 113.43 could be treated as consolidation of the uptrend from...

USDJPY Daily Analysis – October 16, 2017

by ForexCycle.com | October 16, 2017 2:21 am
USDJPY extended its downside movement from 113.43 to as low as 111.68. Deeper decline to test 111.47 key support is still possible. As long as this level holds, the fall could be treated as consolidation of the...

USDJPY Weekly Analysis – October 15, 2017

by ForexCycle.com | October 15, 2017 9:02 am
USDJPY pulled back from 113.43 after approaching a major resistance trend line on the daily chart and is now facing a key support at 111.47. As long as this price is above this support level, the pullback...

USD/JPY Forecast October 16, 2017, Technical Analysis

by FX Empire | October 14, 2017 9:44 am
The US dollar drifted lower during the course of the session on Friday, reaching down to the 112 level, but then bounced above there only to turn around to show signs of massive resistance. The extraordinarily long...

USD/JPY Forecast October 13, 2017, Technical Analysis

by FX Empire | October 13, 2017 8:06 am
The US dollar fell initially against the Japanese yen, but found a bit of support near the 112.25 level. I think there’s even more support at the 112 level, as it has been significant lately. If we...

USDJPY Daily Analysis – October 13, 2017

by ForexCycle.com | October 13, 2017 2:54 am
USDJPY broke below 112.21 support and is now in consolidation of the uptrend from 107.31. Range trading between 111.47 and 113.43 would likely be seen in a couple of days. Key support is located at 111.47. As...

USDJPY Daily Analysis – October 12, 2017

by ForexCycle.com | October 12, 2017 1:54 am
USDJPY is in consolidation of the uptrend from 107.31. Range trading between 111.47 and 113.43 would likely be seen in the coming days. As long as 111.47 support holds, the uptrend could be expected to resume, and...

USDJPY Daily Analysis – October 11, 2017

by ForexCycle.com | October 11, 2017 2:24 am
USDJPY broke below 112.21 support. Further decline would likely be seen and next target would be at 111.47. Below this level would indicate that the upside movement from 107.31 had completed at 113.43 already, then the following...