USDJPY Daily Analysis – December 19, 2016

by ForexCycle.com | December 19, 2016 5:31 am
USDJPY’s upward movement from 101.18 extended to as high as 118.66. Key support is at 114.73, as long as this level holds, the uptrend could be expected to continue, and next target would be at 120.00 area....

USD/JPY Forecast December 19, 2016, Technical Analysis

by FX Empire | December 19, 2016 4:43 am
The USD/JPY pair fell slightly during the day on Friday, as we are starting to get a little bit exhausted after the massive amount of bullish pressure that we have seen. I still think that the 150...

USDJPY Weekly Analysis – December 18, 2016

by ForexCycle.com | December 18, 2016 12:49 pm
USDJPY continued its upward movement from 101.18 and the rise extended to as high as 118.66. Support is at 114.73, as long as this level holds, the uptrend could be expected to continue, and next target would...

USD/JPY Forecast December 16, 2016, Technical Analysis

by FX Empire | December 16, 2016 6:32 am
The USD/JPY pair rallied again on Thursday as we continue to see US dollar strength in general. The 115 level should now be massively supportive, and essentially the “floor” in this market. A pullback should find plenty...

USDJPY Daily Analysis – December 16, 2016

by ForexCycle.com | December 16, 2016 2:24 am
USDJPY remains in uptrend from 101.18. As long as 114.73 support holds, the uptrend could be expected to continue, and next target would be at 120.00 area. Only break below 114.73 support could signal completion of the...

USD/JPY Forecast December 15, 2016, Technical Analysis

by FX Empire | December 15, 2016 7:03 am
The US dollar did very little during the day against the Japanese yen as we awaited Federal Reserve interest rate statement. Ultimately, this is a market that every tally pullback there should be buyers below, and as...

USDJPY Daily Analysis – December 15, 2016

by ForexCycle.com | December 15, 2016 3:12 am
USDJPY’s upward movement from 101.18 extended to as high as 117.85. Key support is now at 114.73, as long as this level holds, the uptrend could be expected to continue, and next target would be at 120.00...

USD/JPY Forecast December 14, 2016, Technical Analysis

by FX Empire | December 14, 2016 7:50 am
The USD/JPY pair rallied slightly during the day on Tuesday, as the 115 level offered a little bit of support. This is a market that has been extraordinarily bullish as of late, so I think it’s only...

USD/JPY Forecast December 13, 2016, Technical Analysis

by FX Empire | December 13, 2016 8:11 am
The USD/JPY pair initially rallied on Monday, but turned around to form a shooting star. The shooting star suggests that we are in a pullback, but I think there is plenty of support below to keep me...

USDJPY Long-Term Area of Interest (Dec 13, 2016)

by Kate Curtis | December 13, 2016 5:24 am
USDJPY appears to be stalling from its recent rallies as price is approaching a long-term area of interest visible on the daily and weekly charts. Price previously broke below support at the 116.00 major psychological level, which...