USDJPY Daily Analysis – January 29, 2015

by ForexCycle.com | January 29, 2015 1:24 am
USDJPY continued its sideways movement in a narrow range between 117.17 and 118.86. Near term support is at 117.17, as long as this level holds, the sideways movement could be treated as consolidation of the uptrend from...

USD/JPY Forecast January 28, 2015, Technical Analysis

by FX Empire | January 28, 2015 6:31 am
The USD/JPY pair fell during the majority of the session on Tuesday, but found enough support near the 117.25 level to bounce slightly. Ultimately, this looks like a market that is ready to continue grinding sideways, so...

USDJPY Daily Analysis – January 28, 2015

by ForexCycle.com | January 28, 2015 4:03 am
USDJPY moved sideways in a narrow range between 117.17 and 118.86. The price action in the range is likely consolidation of the short term uptrend from 115.85, another rise to test 120.82 resistance could be expected after...

USDJPY Range Setup (Jan 27, 2015)

by Kate Curtis | January 27, 2015 9:08 am
USDJPY didn’t complete its recent double top pattern and instead bounced off support around the 117.25 level. Price is now on its way to test the top of the range around the 118.25 mark and may be...

USD/JPY Forecast January 27, 2015, Technical Analysis

by FX Empire | January 27, 2015 6:12 am
The USD/JPY pair broke higher during the course of the day, but still remains within the consolidation area of that we have been in for some time. With that, we believe that the market still continues look...

USDJPY Daily Analysis – January 27, 2015

by ForexCycle.com | January 27, 2015 2:54 am
USDJPY is facing 118.86 resistance, a break of this level will signal resumption of the uptrend from 115.85, then further rise to test 120.82 resistance could be seen. Support is at 116.90, only break below this level...

USDJPY Double Top Pattern (Jan 26, 2015)

by Kate Curtis | January 26, 2015 7:08 am
USDJPY’s short-term climb might soon be reversed, as price formed a double top pattern on its 1-hour time frame. The pair made a couple of failed attempts to break past the 118.75 area and found support at...

USDJPY Daily Analysis – January 26, 2015

by ForexCycle.com | January 26, 2015 2:40 am
USDJPY remains in short term uptrend from 115.85, the fall from 118.86 is likely consolidation of the uptrend. Further rise to test 120.82 resistance could be expected after consolidation, a break of this level will signal resumption...

USDJPY Weekly Analysis – January 25, 2015

by ForexCycle.com | January 25, 2015 8:23 am
USDJPY is forming a sideways consolidation in a range between 115.56 and 121.84. The sideways movement could be seen to continue in a couple of weeks. As long as 115.56 support holds, the uptrend from 101.06 (Jul...

USD/JPY Forecast January 26, 2015, Technical Analysis

by FX Empire | January 25, 2015 3:52 am
The USD/JPY pair fell initially during the course of the session on Friday, but remains within the same the consolidation area that we have been in for the entire week. Ultimately, we believe that this pair will...