USDJPY Daily Analysis – January 11, 2017

by ForexCycle.com | January 11, 2017 2:01 am
USDJPY is testing 114.73 support, as long as this level holds, the fall from 118.66 could be treated as consolidation of the uptrend from 101.18 (Nov 9, 2016 low), and another rise towards 120.00 could be expected...

USD/JPY Forecast January 10, 2017, Technical Analysis

by FX Empire | January 10, 2017 6:47 am
The USD/JPY pair initially tried to rally on Monday but turned around and found quite a bit of bearish pressure. I believe that the 115 level below will be massively supportive though, and act as a floor....

USDJPY Weekly Analysis – January 8, 2017

by ForexCycle.com | January 8, 2017 2:35 am
No changed in our view, USDJPY remains in uptrend from 101.18. As long as 114.73 support holds, the fall from 118.66 could be treated as consolidation of the uptrend. Further rise could be expected after consolidation and...

USD/JPY Forecast January 6, 2017, Technical Analysis

by FX Empire | January 6, 2017 6:47 am
The USD/JPY pair fell significantly during the day on Thursday, reaching towards the 115 handle. That level should be support, as it was once resistance. Ultimately, we are in a nice uptrend and should see support all...

USDJPY Daily Analysis – January 6, 2017

by ForexCycle.com | January 6, 2017 3:18 am
USDJPY is facing 114.73 support, a breakdown below this level will signal completion of the uptrend from 101.18 (Nov 09, 2016 low), then the following downward movement could bring price back to 112.50 area. On the upside,...

USDJPY Daily Analysis – January 5, 2017

by ForexCycle.com | January 4, 2017 11:38 pm
USDJPY failed to break above 118.66 resistance. Another fall to test 114.73 support would likely be seen over the next several days. Key support is at 114.73, as long as this level holds, the uptrend from 101.18...

USD/JPY Forecast January 4, 2017, Technical Analysis

by FX Empire | January 4, 2017 6:58 am
The USD/JPY pair initially broke out during the day on Tuesday but found enough resistance above the turn around and suddenly form a semi exhaustive looking candle. I still believe longer-term we go much higher, so I...

USDJPY Daily Analysis – January 4, 2017

by ForexCycle.com | January 4, 2017 1:13 am
USDJPY is facing 118.66 resistance, a break of this level will indicate that the uptrend from 101.18 (Nov 09, 2016 low) has resumed, then next target would be at 120.00 area. Key support is at 114.73, only...

USDJPY Daily Analysis – January 3, 2017

by ForexCycle.com | January 3, 2017 3:31 am
No changed in our view, USDJPY remains in uptrend from 101.18 (Nov 09, 2016 low), the fall from 118.66 is likely consolidation of the uptrend. Key support is at 114.73, as long as this level holds, the...

USD/JPY Forecast December 30, 2016, Technical Analysis

by FX Empire | December 30, 2016 7:09 am
The USD/JPY pair fell on Thursday, reaching down to lower levels, but I feel that there is more than enough support at the 115 level below in order to keep the longer-term trend viable. In fact, I...