USD/JPY Forecast February 10, 2017, Technical Analysis

by FX Empire | February 10, 2017 5:30 am
The USD/JPY pair broke higher during the day on Thursday, clearing the 112.50 level. A break above the top of the candle for the session well send this market looking towards the 115 handle. Pullbacks should continue...

USD/JPY Forecast February 9, 2017, Technical Analysis

by FX Empire | February 9, 2017 8:01 am
The USD/JPY pair found the 112.50 level to be resistive enough to keep the market down again during the day on Wednesday. A break above that level should send this market reaching towards the 113.50 level, and...

USDJPY Daily Analysis – February 9, 2017

by ForexCycle.com | February 9, 2017 2:00 am
USDJPY stays below the downward trend line on 4-hour chart and remains in downtrend from 118.66 (Dec 15, 2016 high). As long as the trend line resistance holds, the downtrend could be expected to continue and next...

USD/JPY Forecast February 8, 2017, Technical Analysis

by FX Empire | February 8, 2017 7:47 am
The USD/JPY pair broke higher during the Tuesday session, reaching towards the 112.50 level. If we can close above there, that would be a very bullish sign and should send this market looking for the 115 handle...

USDJPY Daily Analysis – February 8, 2017

by ForexCycle.com | February 8, 2017 3:50 am
USDJPY remains in downtrend from 118.66 (Dec 15, 2016 high). Further fall is still possible after a minor consolidation, and next target would be at 110.00 area. There is a downward trend line on 4-hour chart, which...

USD/JPY Forecast February 7, 2017, Technical Analysis

by FX Empire | February 7, 2017 6:55 am
The USD/JPY pair went back and forth on Monday, just below the 112.50 level. The 112 level continues to offer support, and I believe that the support extends all the way down to the 111.50 level. Because...

USDJPY Daily Analysis – February 7, 2017

by ForexCycle.com | February 7, 2017 2:00 am
USDJPY’s downward movement from 118.66 (Dec 15, 2016 high) extended to as low as 111.59. Near term resistance is at 113.95, as long as this level holds, the downtrend could be expected to continue, and next target...

USDJPY Daily Analysis – February 6, 2017

by ForexCycle.com | February 6, 2017 3:33 am
USDJPY remains in downtrend from 118.66 (Dec 15, 2016 high). Further decline could be expected after a minor consolidation and next target would be at 110.00 area. Near term resistance is at 113.95, only break above this...

USDJPY Weekly Analysis – February 5, 2017

by ForexCycle.com | February 5, 2017 9:23 am
USDJPY’s downward movement from 118.66 extended to as low as 112.05. Further decline is still possible in a couple of weeks and next target would be at 110.00 area. Near term resistance is at the downward trend...

USD/JPY Forecast February 3, 2017, Technical Analysis

by FX Empire | February 3, 2017 8:41 am
The USD/JPY pair fell initially during the session on Thursday, but continues to find the 112.50 level to be supportive enough to keep the market somewhat afloat. I believe that the support runs all the way down...