USDJPY Daily Analysis – July 25, 2017

by ForexCycle.com | July 25, 2017 2:09 am
USDJPY stays in a bearish price channel on the 4-hour chart and remains in the downtrend from 114.49. As long as the channel resistance holds, the bounce from 110.62 could be treated as consolidation of the downtrend...

USDJPY Daily Analysis – July 24, 2017

by ForexCycle.com | July 24, 2017 1:58 am
USDJPY continued its bearish movement from 114.49 and the fall extended to as low as 110.76. Near term resistance is at the top trend line of the price channel on the 4-hour chart, as long as the...

USDJPY Weekly Analysis – July 22, 2017

by ForexCycle.com | July 22, 2017 8:01 am
USDJPY failed to break above 115.50 again. Indicating that lengthier sideways movement in a range between 108.00 and 115.50 is underway. Another fall to test 108.13 support could be expected in a couple of weeks. Near term...

USD/JPY Forecast July 24, 2017, Technical Analysis

by FX Empire | July 22, 2017 7:07 am
The US dollar fell significantly during the Friday session against the Japanese yen, slicing below the 111.50 level. Because of this, the market then fell towards the 111 handle, which of course has a certain amount of...

USD/JPY Forecast July 21, 2017, Technical Analysis

by FX Empire | July 21, 2017 5:08 am
The USD/JPY pair initially tried to rally during the day, but found enough resistance near the 112.32 level to turn around and drop significantly. However, by the end of the day we are starting to find support...

USDJPY Daily Analysis – July 21, 2017

by ForexCycle.com | July 21, 2017 2:02 am
USDJPY remains in downtrend from 114.49 and the fall extended to as low as 111.47. Near term resistance is at the top trend line of the price channel on its 4-hour chart. As long as the price...

USDJPY Daily Analysis – July 20, 2017

by ForexCycle.com | July 20, 2017 4:49 am
USDJPY is facing the resistance of the descending trend line on the 4-hour chart. As long as the trend line resistance holds, the downtrend from 114.49 could be expected to continue and next target would be at...

USDJPY Daily Analysis – July 19, 2017

by ForexCycle.com | July 19, 2017 12:51 am
USDJPY continued its bearish movement from 114.49 and extended its fall to 111.68. Further decline is still possible after a minor consolidation and next target would be at 111.00 area. Near term resistance is at the descending...

USD/JPY Forecast July 18, 2017, Technical Analysis

by FX Empire | July 18, 2017 7:03 am
The US dollar rallied during the day on Monday, after initially falling. However, I think that the 113 level above is going to offer a bit of resistance, just as the 112-level underneath is going to offer...

USDJPY Daily Analysis – July 18, 2017

by ForexCycle.com | July 18, 2017 1:15 am
USDJPY stays below a descending trend line on its 4-hour chart and remains in downtrend from 114.49. As long as the trend line resistance holds, the downtrend could be expected to continue and next target would be...