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...

USD/JPY Forecast October 10, 2017, Technical Analysis

by FX Empire | October 10, 2017 7:41 am
The US dollar rallied slightly against the Japanese yen on Monday, as we are grinding a bit, trying to form a base at the 112.50 level again. I think there is a significant amount of support just...

USDJPY Range Resistance (Oct 10, 2017)

by Kate Curtis | October 10, 2017 5:27 am
USDJPY has been trading sideways on its long-term charts, bouncing off support at the 108.50 minor psychological mark and heading towards the resistance around 114.00 to 114.50. Price is consolidating at the moment, though, and technical indicators...

USDJPY Daily Analysis – October 10, 2017

by ForexCycle.com | October 10, 2017 2:03 am
USDJPY continued its sideways movement in a trading range between 112.21 and 113.43. Near term support is at 112.21, as long as the price is above this level, the sideways move could be treated as consolidation of...

USDJPY Daily Analysis – October 9, 2017

by ForexCycle.com | October 9, 2017 2:10 am
USDJPY moved sideways in a trading range between 112.21 and 113.43. As long as 112.21 level holds, the sideways move could be treated as consolidation of the uptrend from 107.31, and further rise to 114.00 area cold...

USDJPY Weekly Analysis – October 8, 2017

by ForexCycle.com | October 8, 2017 5:50 am
USDJPY extended it upside movement from 107.31 to as high as 113.43. Further rise towards 115.50 key resistance is still possible in a couple of weeks. Above this level would confirm that the long term uptrend from...

USD/JPY Forecast October 9, 2017, Technical Analysis

by FX Empire | October 8, 2017 1:24 am
The US dollar exploded to the upside during the trading session on Friday after the jobs number came out a bit mixed. Ultimately, most traders will ignore the jobs number anyway, mainly because of the effect of...

USD/JPY Forecast October 6, 2017, Technical Analysis

by FX Empire | October 6, 2017 5:21 am
The US dollar initially fell against the Japanese yen on Thursday, but found enough support near the 112.50 level to turn around and bounce. I think that the market will continue to find buyers underneath, so I...