USD/JPY Forecast September 4, 2015, Technical Analysis

by FX Empire | September 4, 2015 5:51 am
The USD/JPY pair fell during the course of the session on Thursday, testing the 120 handle. However, we had enough support at that area to turn the market back around and keep the market somewhat afloat. With...

USD/JPY Forecast September 3, 2015, Technical Analysis

by FX Empire | September 3, 2015 6:31 am
The USD/JPY pair fell during the course of the day on Wednesday, but found enough support at the 120 level to keep the market afloat. Ultimately, if we can break above the top of the hammer for...

USD/JPY Forecast September 2, 2015, Technical Analysis

by FX Empire | September 2, 2015 6:43 am
The USD/JPY pair fell during the course of the session on Tuesday, breaking below the 120 level at one point. However, we would anticipate the buyers should come back into this marketplace, so if we are going...

USDJPY Weekly Analysis – August 30, 2015

by ForexCycle.com | August 30, 2015 8:22 am
USDJPY remains in long term uptrend from 75.57 (Oct 31, 2011 low), the fall from 125.85 is likely consolidation of the downtrend. Range trading between 116.13 and 125.85 would likely be seen over the next several weeks....

USD/JPY Forecast August 26, 2015, Technical Analysis

by FX Empire | August 26, 2015 7:03 am
The USD/JPY pair fell slightly during the course of the day on Tuesday, but as you can see continues to hover around the 120 level. By doing so, it looks like the market is trying to find...

USDJPY Weekly Analysis – August 23, 2015

by ForexCycle.com | August 23, 2015 7:02 am
USDJPY failed to break above 125.85 resistance, indicating that lengthier consolidation for the uptrend from 115.56 is needed. Range trading between 120.41 and 125.85 would likely be seen over the next several weeks. Support is at 120.41,...

USD/JPY Forecast August 24, 2015, Technical Analysis

by FX Empire | August 23, 2015 2:43 am
The USD/JPY pair broke down during the course of the day on Friday, slicing into the 122 handle. With this, it looks like we’re going to test the uptrend line, so we are looking for some type...

USD/JPY Forecast August 20, 2015, Technical Analysis

by FX Empire | August 20, 2015 6:53 am
The USD/JPY pair initially tried to rally during the course of the session on Wednesday, but turned back around to form a rather negative candle. By doing so, we ended up forming a bit of shooting star...

USD/JPY Forecast August 19, 2015, Technical Analysis

by FX Empire | August 19, 2015 6:27 am
The USD/JPY pair initially fell during the course of the session on Tuesday, but found support yet again and formed a nice-looking hammer. This hammer of course is a signal that we are going to continue to...

USDJPY Weekly Analysis – August 16, 2015

by ForexCycle.com | August 16, 2015 7:27 am
USDJPY is facing 125.85 resistance, a break of this level will confirm that the uptrend from 115.56 has resumed, then next target would be at 130.00 area. Near term support is at 123.00, only break below this...