USD/JPY Price Forecast December 21, Technical Analysis

by FX Empire | December 21, 2017 10:04 am
usdjpy The US dollar rallied significantly during the trading session on Wednesday, breaking above the psychologically important 113 handle. We did see the 113.33 level offer a slight amount of resistance, but I think at this point...

USDJPY Daily Analysis – December 21, 2017

by ForexCycle.com | December 21, 2017 3:43 am
USDJPY is now facing 113.75 resistance. A breakout of this level could trigger further upside movement towards 114.73. Support level are at 112.75 and 112.03, only break below these levels could take price back towards 110.84.

USDJPY Daily Analysis – December 20, 2017

by ForexCycle.com | December 20, 2017 4:12 am
USDJPY broke above 113.00 resistance, indicating that the short term downtrend from 113.75 had completed at 112.03 already. Further rally would likely be seen and next target would be at 113.75 resistance. Near term support is at...

USD/JPY Price Forecast December 19, 2017, Technical Analysis

by FX Empire | December 19, 2017 7:23 am
  The US dollar fell initially during trading on Monday, reaching down towards the 112.40 level. There was enough support there to have things turn around though, and as a result it looks as if the buyers...

USDJPY Daily Analysis – December 19, 2017

by ForexCycle.com | December 19, 2017 2:41 am
USDJPY remains in the downtrend from 113.75, the bounce from 112.03 could be treated as consolidation of the downtrend. Resistance is at 113.00, as long as this level holds, the downtrend could be expected to continue and...

USDJPY Daily Analysis – December 18, 2017

by ForexCycle.com | December 18, 2017 3:13 am
USDJPY is now in downtrend from 113.75, the bounce from 112.03 is likely consolidation of the downtrend. A breakdown below 112.03 level could trigger further downside movement towards 110.84. Near term resistance is at 113.00, only break...

USDJPY Weekly Analysis – December 17, 2017

by ForexCycle.com | December 17, 2017 4:13 am
USDJPY moved sideways in a trading range between 110.84 and 114.73. As long as 110.84 support holds, the sideways movement could be treated as consolidation of the uptrend from 107.31, and a breakout of 115.50 resistance will...

USDJPY Daily Analysis – December 15, 2017

by ForexCycle.com | December 15, 2017 2:35 am
USDJPY broke below the bullish support trend line on its 4-hour chart, suggesting that the upside movement from 110.84 had completed at 113.75 already. Further decline would likely be seen in the coming days and next target...

USDJPY Daily Analysis – December 14, 2017

by ForexCycle.com | December 14, 2017 7:34 am
USDJPY failed to break above 113.91 resistance and dropped down from 113.75, facing the bullish trend line on its 4-hour chart. A clear break below the trend line support will confirm that the short term uptrend from...

USD/JPY Price Forecast December 14, 2017, Technical Analysis

by FX Empire | December 14, 2017 7:23 am
  The US dollar has fallen a bit during the trading session on Wednesday, reaching down to the important 113 handle. However, as the Federal Reserve statement comes out, we could get a bit of volatility in...