USD/JPY Forecast April 15, 2016, Technical Analysis

by FX Empire | April 15, 2016 8:54 am
The USD/JPY pair initially fell during the course the day on Thursday, but turned back around to form a bit of a hammer. The hammer of course is a bullish sign, and as a result it looks...

USD/JPY Forecast April 14, 2016, Technical Analysis

by FX Empire | April 14, 2016 9:12 am
The USD/JPY pair rose during the course of the session on Wednesday, as we continue to reach towards the 110 level. The 110 level was previously massively supportive, so it should be massively resistive now. With this,...

USD/JPY Forecast April 12, 2016, Technical Analysis

by FX Empire | April 12, 2016 10:28 am
The USD/JPY pair initially tried to rally during the course of the session on Monday, but we turn right back around to form a bit of a shooting star. This suggests that we are going to go...

USD/JPY Forecast April 11, 2016, Technical Analysis

by FX Empire | April 11, 2016 5:28 am
The USD/JPY pair initially tried to rally during the course of the session on Friday, but turned right back around in order to form a bit of a shooting star. This suggests that we are going to...

USDJPY Weekly Analysis – April 10, 2016

by ForexCycle.com | April 10, 2016 7:52 am
USDJPY continued its downward movement from 123.75, and the fall extended to as low as 107.67. Resistance is now at the downward trend line on daily chart. As long as the trend line resistance holds, the downtrend...

USD/JPY Forecast April 8, 2016, Technical Analysis

by FX Empire | April 8, 2016 6:21 am
The USD/JPY pair fell during the course of the session on Thursday, as we continue to see quite a bit of concern about global markets. Remember, the Japanese yen tends to be a bit of a safety...

USD/JPY Forecast April 7, 2016, Technical Analysis

by FX Empire | April 7, 2016 9:00 am
The USD/JPY pair broke down during the course of the session on Wednesday, breaking below the 110 level. Because of this, if we can break down below the bottom of the range during the course of the...

USD/JPY Forecast April 6, 2016, Technical Analysis

by FX Empire | April 6, 2016 6:05 am
The USD/JPY pair fell during the course of the day on Tuesday, testing the 110 level. We did bounce from there though, as the market is preparing to deal with the FOMC Meeting Minutes. With that being...

USD/JPY Forecast April 5, 2016, Technical Analysis

by FX Empire | April 5, 2016 6:59 am
The USD/JPY pair initially tried to rally during the course of the day on Monday but turned back around to form a bit of a shooting star. However, we do have a significant amount of support just...

USD/JPY Forecast April 4, 2016, Technical Analysis

by FX Empire | April 4, 2016 6:51 am
The USD/JPY pair fell during the course of the session on Friday, breaking below the bottom of the 2 hammers from the previous sessions. Because of this, looks like we are to suddenly going to consolidate in...