USD/JPY Forecast February 26, 2015, Technical Analysis

by FX Empire | February 26, 2015 6:47 am
The USD/JPY pair tried to break out to the upside during the session on Wednesday, but fell far enough to form a little bit of a shooting star. Ultimately though, the market looks like it’s ready to...

USDJPY Daily Analysis – February 26, 2015

by ForexCycle.com | February 26, 2015 3:34 am
USDJPY is in downtrend from 120.47, the bounce from 118.23 is likely consolidation of the downtrend. Further decline could be expected after consolidation, and the target would be at 116.50 area. Support is at 118.23, a breakdown...

USD/JPY Forecast February 24, 2015, Technical Analysis

by FX Empire | February 24, 2015 8:49 am
The USD/JPY pair initially tried to rally during the session on Monday, but sold off in order to finish basically unchanged. This shows just how tight this market is at the moment, and therefore we are not...

USDJPY Daily Analysis – February 24, 2015

by ForexCycle.com | February 24, 2015 1:09 am
USDJPY remains in downtrend from 120.47, the bounce from 118.23 could be treated as consolidation of the downtrend. Another fall to 116.50 area could be expected after consolidation, and a breakdown below 118.23 support could signal resumption...

USDJPY Daily Analysis – February 23, 2015

by ForexCycle.com | February 23, 2015 3:11 am
USDJPY remains in downtrend from 120.47, the bounce from 118.23 could be treated as consolidation of the downtrend. Another fall to test 118.23 support could be expected, a breakdown below this level could signal resumption of the...

USDJPY Weekly Analysis – February 22, 2015

by ForexCycle.com | February 22, 2015 1:12 pm
USDJPY continued its sideways movement in a range between 115.56 and 121.84. As long as 115.56 support holds, the price action in the range could be treated as consolidation of the uptrend from 101.06 (Jul 10, 2014...

USD/JPY Forecast February 23, 2015, Technical Analysis

by FX Empire | February 21, 2015 6:05 am
The USD/JPY pair initially fell during the course of the session on Friday, but found enough support at the 118 level to turn things back around and form a hammer. That hammer of course suggests that the...

USD/JPY Forecast February 20, 2015, Technical Analysis

by FX Empire | February 20, 2015 6:42 am
The USD/JPY pair initially rose during the session on Thursday, but found a little bit of resistance above the 190 handle. With that, we ended up forming a little bit of a shooting star, but quite frankly...

USDJPY Daily Analysis – February 20, 2015

by ForexCycle.com | February 20, 2015 2:39 am
No changed in our view, USDJPY remains in downtrend from 120.47, the rise from 118.23 is likely consolidation of the downtrend. Further decline could be expected after consolidation, and the target would be at 116.50 area. Key...

USDJPY Daily Analysis – February 19, 2015

by ForexCycle.com | February 19, 2015 3:20 am
USDJPY remains in downtrend from 120.47. Further decline could be expected after a minor consolidation, and the target would be at 116.50 area. Key resistance is at 120.47, only break above this level will indicate that the...