USD/JPY Forecast October 18, 2016, Technical Analysis

by FX Empire | October 18, 2016 5:34 am
The USD/JPY pair went back and forth during the course of the day on Monday, as we continue to try to break out to the upside, but the 105 level above is massively resistive. Because of this,...

USDJPY Daily Analysis – October 17, 2016

by ForexCycle.com | October 17, 2016 2:39 am
USDJPY remains in uptrend from 100.08. Further rise could be expected and next target would be at 106.00 area. Support is at 102.81, only break below this level will indicate that the uptrend had completed at 104.63...

USDJPY Weekly Analysis – October 16, 2016

by ForexCycle.com | October 16, 2016 12:56 pm
USDJPY continued its sideways movement in a range between 98.97 and 107.48. As long as 107.48 key resistance holds, the downtrend from 123.75 (Nov 18, 2015 high) could be expected to continue, and next target would be...

USD/JPY Forecast October 17, 2016, Technical Analysis

by FX Empire | October 15, 2016 2:43 pm
The USD/JPY pair initially rallied during the course of the session on Friday, but turned around to form a bit of a shooting star. The 105 level above is massively resistive, so having said that I feel...

USD/JPY Forecast October 14, 2016, Technical Analysis

by FX Empire | October 14, 2016 6:17 am
The USD/JPY pair initially tried to rally during the course of the session on Thursday, but struggled at the 105 level. The negative candle is of course a sign that we are not quite ready to break...

USD/JPY Forecast October 13, 2016, Technical Analysis

by FX Empire | October 13, 2016 7:22 am
The USD/JPY pair broke higher during the course of the day on Wednesday, testing the 105 region. That’s an area that should continue to offer quite a bit of resistance though, so I think at this point...

USDJPY Daily Analysis – October 13, 2016

by ForexCycle.com | October 13, 2016 2:38 am
USDJPY stays in the upward price channel on 4-hour chart and remains in uptrend from 100.08. As long as the channel support holds, the uptrend could be expected to continue, and next target would be at 106.00...

USD/JPY Forecast October 12, 2016, Technical Analysis

by FX Empire | October 12, 2016 6:07 am
The USD/JPY pair initially tried to rally during the course of the day on Tuesday, but turned back around and form a bit of a shooting star. Ultimately I believe that there is plenty of support below...

USDJPY Daily Analysis – October 12, 2016

by ForexCycle.com | October 12, 2016 2:55 am
USDJPY remains in uptrend from 100.08. Another rise to test 104.31 resistance would likely be seen. Support is at 102.50, only break below this level could bring price back to 100.50 zone.

USD/JPY Forecast October 11, 2016, Technical Analysis

by FX Empire | October 11, 2016 5:56 am
The USD/JPY pair initially fell during the day on Monday, but then turned around to reach towards the 103.75 region. I do believe that eventually we will continue to go higher, and perhaps reach towards the 105...