USD/JPY Forecast August 3, 2015, Technical Analysis

by FX Empire | August 3, 2015 6:51 am
The USD/JPY pair went back and forth during the session on Friday, showing significant volatility. However, we still believe that this market goes higher over the longer term, so pullbacks will be buying opportunities in this market....

USDJPY Weekly Analysis – August 2, 2015

by ForexCycle.com | August 2, 2015 9:00 am
USDJPY remains in uptrend from 115.56, the fall from 125.85 is likely consolidation of the uptrend. Support is located at the bottom of the price channel on daily chart. As long as the channel support holds, the...

USD/JPY Forecast July 31, 2015, Technical Analysis

by FX Empire | July 31, 2015 6:27 am
The USD/JPY pair initially tried to rally during the course of the day on Thursday, but as you can see struggled and turned back around to form a shooting star. With that being the case, looks like...

USD/JPY Forecast July 29, 2015, Technical Analysis

by FX Empire | July 29, 2015 11:06 am
The USD/JPY pair tried to rally during the course of the session on Tuesday, but pullback as the market continues to chop around in general. Nonetheless, we think that this market does go higher given enough time,...

USD/JPY Forecast July 28, 2015, Technical Analysis

by FX Empire | July 28, 2015 6:11 am
The USD/JPY pair fell during the session on Monday, but did find a little bit of support near the 123 handle. There is a gap at this particular area from early June, so we feel that it...

USD/JPY Forecast July 27, 2015, Technical Analysis

by FX Empire | July 27, 2015 3:49 am
The USD/JPY pair went back and forth during the course of the day on Friday, as we continue to go sideways overall. With this, the market looks as if it is more than likely going to see...

USDJPY Weekly Analysis – July 26, 2015

by ForexCycle.com | July 26, 2015 6:12 am
USDJPY stays in the upward price channel on daily chart, and remains in the long term uptrend from 75.57 (Oct 31, 2011), and the fall from 125.85 could be treated as consolidation of the uptrend. Further rise...

USD/JPY Forecast July 24, 2015, Technical Analysis

by FX Empire | July 24, 2015 6:54 am
The USD/JPY pair went back and forth during the course of the session on Thursday, as we continue to grind just below the 124 handle. With this, we feel that the market will eventually find enough support,...

USD/JPY Forecast July 23, 2015, Technical Analysis

by FX Empire | July 23, 2015 7:02 am
The USD/JPY pair broke higher during the course of the session on Wednesday, breaking above the 124 level during that session. With this, the market looks as if it could continue to go higher, but it is...

USD/JPY Forecast July 22, 2015, Technical Analysis

by FX Empire | July 22, 2015 6:20 am
The USD/JPY pair broke down significantly during the course of the session on Tuesday, showing real resistance at the 124 level. With this, it appears that the market is going to go lower, searching for support. We...