USDJPY Daily Analysis – January 6, 2015

by ForexCycle.com | January 6, 2015 2:32 am
USDJPY failed to break above 120.82 resistance and stayed in a trading range between 118.86 and 120.82. However, another rise to re-test 120.82 resistance is possible, a break of this level will indicate that the uptrend from...

USDJPY Daily Analysis – January 5, 2015

by ForexCycle.com | January 5, 2015 3:07 am
USDJPY is facing 120.82 resistance, a break of this level will signal resumption of the uptrend from 115.56, then next target would be at 125.00 area. Support is at 118.85, only break below this level could trigger...

USDJPY Weekly Analysis – January 4, 2015

by ForexCycle.com | January 4, 2015 7:25 am
USDJPY is testing 121.84 resistance, a clear break above this level will indicate that the uptrend from 101.06 (Jul 10, 2014 low) has resumed, then next target would be at 130.00 area. Key support is at 115.56,...

USD/JPY Forecast January 5, 2014, Technical Analysis

by FX Empire | January 3, 2015 2:02 pm
The USD/JPY pair went back and forth during the course of the session on Friday, as the 120 level continues offer a bit of support. We believe that the market will ultimately go higher, but pullback could...

USD/JPY Forecast January 2, 2015, Technical Analysis

by FX Empire | January 2, 2015 9:45 am
The USD/JPY pair broke higher during the course of the session on Wednesday, as we continue to hang about the 120 handle. That’s an area of that we believe is a barrier that will eventually the scene...

USD/JPY Forecast December 31, 2014, Technical Analysis

by FX Empire | December 31, 2014 7:12 am
The USD/JPY pair fell during the bulk of the session on Tuesday, but as you can see bounced a bit towards the end of the session. Because of this, it looks like there are buyers below, and...

USDJPY Daily Analysis – December 31, 2014

by ForexCycle.com | December 31, 2014 3:01 am
USDJPY remains in uptrend from 115.56, the fall from 120.82 is likely consolidation of the uptrend. Support is at 118.00, as long as this level holds, the uptrend could be expected to resume, and another rise towards...

USD/JPY Forecast December 30, 2014, Technical Analysis

by FX Empire | December 30, 2014 10:03 am
The USD/JPY pair broke higher during the course of the session on Monday, using the 120 level as support. That supportive area of course has been rather strong from time to time as both resistance and support,...

USDJPY Daily Analysis – December 30, 2014

by ForexCycle.com | December 30, 2014 5:49 am
USDJPY remains in uptrend from 155.56. Further rise to test 131.84 resistance would likely be seen, a break of this level will signal resumption of the longer term uptrend from 105.19 (Oct 15 low), then the following...

USDJPY Daily Analysis – December 29, 2014

by ForexCycle.com | December 29, 2014 3:03 am
USDJPY’s upward movement from 115.56 extended to as high as 120.82. Further rise to test 131.84 resistance would likely be seen, a break of this level will signal resumption of the longer term uptrend from 105.19 (Oct...