USDJPY Weekly Analysis – July 19, 2015

by ForexCycle.com | July 19, 2015 7:46 am
USDJPY failed to break below the bottom of the upward price channel on daily chart, indicating that the pair remains in long term uptrend from 75.57 (Oct 31, 2011), and the fall from 125.85 could be treated...

USD/JPY Forecast July 20, 2015, Technical Analysis

by FX Empire | July 19, 2015 12:22 am
The USD/JPY pair went back and forth during the course of the session on Friday, as we continue to struggle to go higher. However, given enough time we should break out above the 125 level and continue...

USD/JPY Forecast July 17, 2015, Technical Analysis

by FX Empire | July 17, 2015 5:18 am
The USD/JPY pair broke higher during the course of the session on Thursday, breaking above the 124 level during the end of the day. With that, the market looks as if it is ready to continue going...

USD/JPY Forecast July 16, 2015, Technical Analysis

by FX Empire | July 16, 2015 6:09 am
The USD/JPY pair rose during the course of the session on Wednesday, breaking above the 1.3 .50 handle. Because of this, we feel that the market is going to continue to go higher as it shows a...

USD/JPY Forecast July 15, 2015, Technical Analysis

by FX Empire | July 15, 2015 6:30 am
The USD/JPY pair initially fell during the course of the session on Tuesday, testing the 123 round number. I doing so, we found enough buyers below to turn things back around and form a bit of a...

USD/JPY Forecast July 14, 2015, Technical Analysis

by FX Empire | July 14, 2015 7:22 am
The USD/JPY pair initially dropped a bit during the session on Monday, but turned around at the 122.50 level. Ultimately, we broke above there and reach towards the 123.50 handle. Ultimately, the market closed towards the top...

USDJPY Weekly Analysis – July 12, 2015

by ForexCycle.com | July 12, 2015 7:49 am
USDJPY remains in the long term uptrend from 75.57 (Oct 31, 2011), 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...

USD/JPY Forecast July 13, 2015, Technical Analysis

by FX Empire | July 11, 2015 9:46 am
The USD/JPY pair broke higher during the course of the session on Friday, breaking above the 122.50 level. With that being the case, the market looks like it is ready to continue going higher, and we believe...

USD/JPY Forecast July 10, 2015, Technical Analysis

by FX Empire | July 10, 2015 6:44 am
The USD/JPY pair broke higher during the course of the day initially on Thursday, but failed to hang onto gains. Because of this, we think that short-term pullback could be coming, but we have no interest in...

USD/JPY Forecast July 9, 2015, Technical Analysis

by FX Empire | July 9, 2015 9:31 am
The USD/JPY pair fell hard during the day on Wednesday as the fear enters the market yet again. However, we believe that the markets will more than likely calm down given enough time, and this may end...