USDJPY Daily Analysis – December 12, 2016

by ForexCycle.com | December 12, 2016 2:06 am
USDJPY broke above 114.82 resistance and continued its upward movement from 101.18. Further rise could be expected over the next several days, and next target would be at 117.00 area. Support is now at 112.83, only break...

USD/JPY Forecast December 12, 2016, Technical Analysis

by FX Empire | December 12, 2016 12:52 am
The USD/JPY pair broke out to the upside during the day, slicing through the 115 handle. This is an impulsive candle, so I think we could continue to go higher, but a pullback from there could be...

USDJPY Weekly Analysis – December 11, 2016

by ForexCycle.com | December 11, 2016 1:32 pm
USDJPY’s upward movement from 101.18 extended to as high as 115.36. Key support is at 111.35, 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 9, 2016, Technical Analysis

by FX Empire | December 9, 2016 6:27 am
The USD/JPY pair fell at the open on Thursday but found enough support just above the 112.50 level to turn things around and form a nice-looking hammer. Nonetheless, I am a bit reticent to start going long...

USDJPY Daily Analysis – December 9, 2016

by ForexCycle.com | December 9, 2016 2:43 am
USDJPY remains in uptrend from 101.18, the fall from 114.82 is likely consolidation of the uptrend. Support levels are at 112.83 and 111.35, as long as these levels hold, the uptrend could be expected to resume, and...

USD/JPY Forecast December 8, 2016, Technical Analysis

by FX Empire | December 8, 2016 7:43 am
The USD/JPY pair went back and forth during the day on Wednesday as we continue to show quite a bit of volatility. I believe that sooner or later we should see a bit of a pullback in...

USD/JPY Forecast December 7, 2016, Technical Analysis

by FX Empire | December 7, 2016 6:58 am
The USD/JPY pair was very choppy over the course of the session on Tuesday, but did find a bit of a bullish sign. A break above the 115 handle is what’s needed for a continues move higher...

USD/JPY Forecast December 5, 2016, Technical Analysis

by FX Empire | December 5, 2016 2:51 am
The USD/JPY pair fell slightly during the Friday session after the jobs number came out at roughly expected figures. However, there seems to be less inflationary pressure than anticipated, and that of course will bring back some...

USDJPY Weekly Analysis – December 4, 2016

by ForexCycle.com | December 4, 2016 10:32 am
USDJPY continued its upward movement from 101.18, and the rise extended to as high as 114.82. Further rise is still possible after a minor consolidation, and next target would be at 120.00 area. Support levels are at...

USD/JPY Forecast December 2, 2016, Technical Analysis

by FX Empire | December 2, 2016 6:53 am
The USD/JPY pair fell slightly during the Thursday session, but turned around to form a bit of a hammer. The hammer of course is a bullish sign, and because of this we could continue to go higher...