USDJPY Daily Analysis – July 31, 2017

by ForexCycle.com | July 30, 2017 10:22 pm
USDJPY broke below 110.62 support and continued its bearish movement from 114.49. Further decline could be expected and next target would be at 109.00 area. Key resistance is now at 112.19, only break above this level could...

USDJPY Weekly Analysis – July 30, 2017

by ForexCycle.com | July 30, 2017 3:15 am
USDJPY formed sideways movement in a trading range between 108.13 and 115.50 for several months. Another fall to retest 108.13 support would likely be seen, and a breakdown below this level signal resumption of the downtrend from...

USD/JPY Forecast July 31, 2017, Technical Analysis

by FX Empire | July 30, 2017 12:37 am
The USD/JPY pair fell a bit during the day at the open on Friday, but then bounced again, only to find sellers again. The market looks as if it is going to test the 110.50 level, which...

USD/JPY Forecast July 28, 2017, Technical Analysis

by FX Empire | July 28, 2017 8:14 am
The US dollar fell initially during the day on Thursday but found enough support near the 110.80 level to turn around and break back above the 111 level. This is a bullish sign, and I think that...

USDJPY Daily Analysis – July 27, 2017

by ForexCycle.com | July 27, 2017 8:59 am
USDJPY failed to break above 112.41 resistance and pulled back to 110.80 area, facing the 110.62 support. As long as 110.62 support holds, the fall could be treated as correction of the uptrend from 110.62 and another...

USD/JPY Forecast July 27, 2017, Technical Analysis

by FX Empire | July 27, 2017 8:04 am
The United States dollar initially fell against the Japanese yen but then turned around to show signs of strength later in the day. As we wait the FOMC meeting, the question now remains whether the Federal Reserve...

USD/JPY Forecast July 26, 2017, Technical Analysis

by FX Empire | July 26, 2017 5:59 am
The US dollar initially fell on Tuesday, but found enough support to break out to the upside. On the daily chart, this broke the top of a hammer, and that of course is a very bullish sign....

USDJPY Triangle Support (July 26, 2017)

by Kate Curtis | July 26, 2017 4:27 am
USDJPY has formed lower highs and higher lows on its 4-hour time frame, trading inside a symmetrical triangle pattern. Price is currently testing support and could be due for a bounce back to resistance. The 100 SMA...

USDJPY Daily Analysis – July 26, 2017

by ForexCycle.com | July 26, 2017 3:55 am
USDJPY broke above the top trend line of the price channel on its 4-hour chart, suggesting that the short term downtrend from 114.49 had completed at 110.62 already. Further rise to test 112.41 resistance could be expected...

USD/JPY Forecast July 25, 2017, Technical Analysis

by FX Empire | July 25, 2017 6:17 am
The USD/JPY pair fell initially during the day on Monday, within rallied a bit. It fell again, and then rallied again. It looks as if we are trying to make some type of stand near the 111...