USD/JPY Forecast April 16, 2015, Technical Analysis

by FX Empire | April 16, 2015 5:37 am
The USD/JPY pair fell during the course of the day on Wednesday, breaking the back of the hammer from the Tuesday session. However, we still see significant support just below so we are not ready to start...

USDJPY Ascending Channel (Apr 15, 2015)

by Kate Curtis | April 15, 2015 8:20 am
USDJPY has been slowly trending higher on its 1-hour time frame, as the pair is creating an ascending channel on the chart. Price is currently testing support at the bottom of the channel near the 119.50 minor...

USD/JPY Forecast April 15, 2015, Technical Analysis

by FX Empire | April 15, 2015 5:40 am
The USD/JPY pair fell during the course of the session on Tuesday, breaking down below the 120 level. Because of this, looks as if the market is ready to continue dropping a little bit, but there is...

USD/JPY Forecast April 14, 2015, Technical Analysis

by FX Empire | April 14, 2015 7:46 am
The USD/JPY pair went back and forth during a very volatile session on Monday as we continue to hover around the 120 level. Because of this, there’s not much to discern from the Monday session, other than...

USDJPY Daily Analysis – April 13, 2015

by ForexCycle.com | April 13, 2015 2:59 am
USDJPY is now in uptrend from 118.33. Further rise could be expected after a minor consolidation, and next target would be at 121.50 area. Support is at 119.50, only break below this level could trigger another fall...

USDJPY Weekly Analysis – April 12, 2015

by ForexCycle.com | April 12, 2015 6:11 am
USDJPY is forming a sideways consolidation in a range between 115.56 and 122.02. Support is at 115.56, as long as this level holds, the uptrend from 101.06 (Jul 10, 2014 low) could be expected to resume, and...

USD/JPY Forecast April 13, 2015, Technical Analysis

by FX Empire | April 11, 2015 9:34 am
The USD/JPY pair broke down a little bit during the session on Friday, but as you can see is simply grinding away to the side. With that being the case, the market looks like it’s a little...

USD/JPY Forecast April 10, 2015, Technical Analysis

by FX Empire | April 10, 2015 5:41 am
The USD/JPY pair initially fell during the course of the session on Thursday, but for the second day in a row found enough support below to turn things back around and form a nice-looking hammer. It looks...

USD/JPY Forecast April 9, 2015, Technical Analysis

by FX Empire | April 9, 2015 7:13 am
The USD/JPY pair initially fell during the day on Wednesday, but found enough support near the 119.70 level to turn things back around and form a hammer. With this, it looks like the markets ready to go...

USD/JPY Forecast April 8, 2015, Technical Analysis

by FX Empire | April 8, 2015 6:28 am
The USD/JPY pair broke higher during the course of the day on Tuesday, but found the area near 120.50 to be far too resistive. If we get above there, we should then continue much higher. On the...