USD/JPY Forecast June 2, 2017, Technical Analysis

by FX Empire | June 2, 2017 4:30 am
The USD/JPY pair had a very positive session on Thursday, especially considering that we were heading into a jobs announcement, something that typically moves this market quite violently. Because of this, I believe that the market wants...

USDJPY Daily Analysis – June 2, 2017

by ForexCycle.com | June 2, 2017 12:43 am
USDJPY breaks above 111.50 resistance, suggesting that the short term downtrend from 112.13 is complete. Further rally to test 112.13 resistance could be expected and a break through this level could take price to the next resistance...

USD/JPY Forecast June 1, 2017, Technical Analysis

by FX Empire | June 1, 2017 6:06 am
The USD/JPY pair had a volatile session on Wednesday, as we initially tried to break towards the 111.25 level above. However, we found too much resistance there and rolled right over to break down and go towards...

USDJPY Daily Analysis – June 1, 2017

by ForexCycle.com | June 1, 2017 1:40 am
USDJPY moved sideways in a trading range between 110.23 and 112.13. Support is at 110.23, a breakdown below this level could bring price to next support level at around 109.60. Near term resistance is at 111.50, only...

USD/JPY Forecast May 31, 2017, Technical Analysis

by FX Empire | May 31, 2017 4:47 am
The USD/JPY pair fell significantly during the day on Tuesday, as we tested the 110.80 level below for support. We rolled over again though, and it looks as if we may try to continue to go little...

USDJPY Daily Analysis – May 31, 2017

by ForexCycle.com | May 31, 2017 1:44 am
USDJPY broke below 110.86 support, indicating that the short term downtrend from 112.13 has resumed. Deeper decline to test 110.23 support is possible, a breakdown below this level will take price to the next support level of...

USD/JPY Forecast May 30, 2017, Technical Analysis

by FX Empire | May 30, 2017 5:19 am
The USD/JPY pair has been choppy during the session on Monday, as we continue to hover around the 111.25 level. The market looks very likely to try to stabilize in this area, but if we can break...

USDJPY Daily Analysis – May 30, 2017

by ForexCycle.com | May 30, 2017 1:11 am
USDJPY moved sideways in a narrow range between 110.86 and 112.13. Initial support is at 110.86, as long as this level holds, the fall from 112.13 could be treated as correction of the uptrend from 110.23, and...

USDJPY Daily Analysis – May 29, 2017

by ForexCycle.com | May 29, 2017 1:24 am
No changed in our view, USDJPY remains in uptrend from 110.23, the fall from 112.13 is likely correction of the uptrend. Another rise would be expected after the correction and the next target would be at around...

USDJPY Weekly Analysis – May 27, 2017

by ForexCycle.com | May 27, 2017 6:28 am
USDJPY remains in uptrend from 108.13, the fall from 114.36 is likely correction of the uptrend. Another rise to test 115.50 key resistance is possible in a couple of weeks, and a break of this level will...