USD/JPY Forecast January 21, 2016, Technical Analysis

by FX Empire | January 21, 2016 7:02 am
The USD/JPY pair broke down during the course of the session on Wednesday, testing the 116 handle. This is an area that offered a little bit of a bounce, but quite frankly we see more support down...

USD/JPY Forecast January 20, 2016, Technical Analysis

by FX Empire | January 20, 2016 6:00 am
The USD/JPY pair initially rose during the course of the session on Tuesday, but turned back around as the 118 level offered enough resistance to turn this market around and form a shooting star. The shooting star...

USD/JPY Forecast January 19, 2016, Technical Analysis

by FX Empire | January 19, 2016 5:59 am
The USD/JPY pair rose slightly during the course of the session on Monday, as we continue to meander below the 118.50 level. Ultimately though, a resistive candle between here and there is will we need in order...

USDJPY Weekly Analysis – January 17, 2016

by ForexCycle.com | January 17, 2016 9:30 am
USDJPY is testing 116.13 support, as long as this level holds, the price action from 125.85 (Jun 5, 2015 high) could be treated as consolidation of the long term uptrend from 75.57 (Oct 31, 2011 low), and...

USD/JPY Forecast January 18, 2016, Technical Analysis

by FX Empire | January 17, 2016 6:01 am
The USD/JPY pair fell during the course of the session on Friday, testing the 170 level. By doing so, it looks as if we are ready to start falling again, and if we break below the bottom...

USD/JPY Forecast January 15, 2016, Technical Analysis

by FX Empire | January 15, 2016 6:09 am
The USD/JPY pair bounced during the day on Thursday, testing the 118.50 level. Ultimately, the market will have to get above the 119 level to eventually break out to the upside for any real length of time....

USD/JPY Forecast January 14, 2016, Technical Analysis

by FX Empire | January 14, 2016 6:13 am
The USD/JPY pair fell during the day on Wednesday, as the 118.50 level offered far too much in the way of resistance. That being the case, the market looks as if it should continue to go towards...

USDJPY Complex Head and Shoulders (Jan 14, 2016)

by Kate Curtis | January 14, 2016 4:36 am
USDJPY could be in for a long-term selloff, as the pair has formed a complex head and shoulders pattern on its daily time frame. Price is still hovering around the neckline around 117.50-118.00, with a downside break...

USD/JPY Forecast January 13, 2016, Technical Analysis

by FX Empire | January 13, 2016 5:28 am
The USD/JPY pair initially tried to rally during the day on Tuesday, but just as we had done on Monday, the sellers came back into the marketplace later in the day and formed a less than stellar...

USD/JPY Forecast January 12, 2016, Technical Analysis

by FX Empire | January 12, 2016 5:49 am
The USD/JPY pair tried to rally during the course of the day on Monday, but turned back around in order to form a bit of a shooting star. This was much like the stock markets in the...