USDJPY Daily Analysis – June 9, 2017

by ForexCycle.com | June 9, 2017 12:08 am
USDJPY’s rise from 109.11 extended to as high as 110.38. Further rally is still possible and next target would be at around 111.00. Support is at 109.11, only a breakdown below this level could trigger another fall...

USD/JPY Forecast June 8, 2017, Technical Analysis

by FX Empire | June 8, 2017 5:38 am
The US dollar has chomped around during the session on Wednesday, against the Japanese yen. Because of this, looks as if the market is trying to find some type of stability just above the 109 level, and...

USDJPY Daily Analysis – June 8, 2017

by ForexCycle.com | June 8, 2017 2:11 am
USDJPY broke above 109.90 resistance, suggesting that the short term downtrend from 111.71 had completed at 109.11 already. Further rally would likely be seen in a couple of days and next target would be at 111.00, a...

USD/JPY Forecast June 7, 2017, Technical Analysis

by FX Empire | June 7, 2017 6:28 am
The US dollar fell significantly against the Japanese yen on Tuesday, slicing through the 110 level, and now looks very vulnerable to further downward pressure. The 110 level should now offer resistance, and I believe that the...

USDJPY Daily Analysis – June 7, 2017

by ForexCycle.com | June 7, 2017 1:46 am
USDJPY broke below 110.23 support and continued its downward movement from 114.36. Further decline to test 108.13 (Apr 17 low) support is possible after a minor consolidation. Near term resistance is at 109.90, only a break of...

USD/JPY Forecast June 6, 2017, Technical Analysis

by FX Empire | June 6, 2017 5:58 am
The USD/JPY pair had a choppy session on Monday, as we rallied towards the 110.75 level, but found that area resistive a couple of times. Currently, it looks as if the market is trying to consolidate, which...

USDJPY Daily Analysis – June 6, 2017

by ForexCycle.com | June 6, 2017 1:36 am
USDJPY is facing 110.23 support. A breakdown below this level will indicate that the downtrend from 114.36 has resumed, then further decline to 109.60 area could be seen. Resistance level are at 111.30 and 112.13, only break...

USDJPY Daily Analysis – June 5, 2017

by ForexCycle.com | June 5, 2017 12:33 am
USDJPY is testing 110.23 support. A breakdown below this level will signal resumption of the downtrend from 114.36, then next target would be at around 109.60. Resistance is at 112.13, only a break of this level could...

USDJPY Weekly Analysis – June 3, 2017

by ForexCycle.com | June 3, 2017 6:38 am
USDJPY is in uptrend from 108.13, the pullback from 114.36 is likely correction of the uptrend. Near term resistance is at 112.12, as long as this level holds, the correction pullback could be expected to continue, and...

USD/JPY Forecast June 5, 2017, Technical Analysis

by FX Empire | June 3, 2017 4:13 am
The US dollar rallied at the open on Friday, but you can see fell apart against the Japanese yen as we went into the trading day. This was mainly due to the jobs number being a disappointment...