USDJPY Weekly Analysis – December 28, 2014

by ForexCycle.com | December 28, 2014 6:19 am
USDJPY is facing 121.84 resistance, a break of this level will signal resumption of the uptrend from 101.06, then next target would be at 130.00 area. Key support is at 115.56, only break below this level will...

USD/JPY Forecast December 26, 2014, Technical Analysis

by FX Empire | December 26, 2014 5:41 am
The USD/JPY pair did very little during the course of the session on Wednesday, as we continue to hang out above the 120 level. With that being the case, we feel it’s only a matter time before...

USD/JPY Forecast December 23, 2014, Technical Analysis

by FX Empire | December 23, 2014 5:57 am
The USD/JPY pair broke higher during the course of the session on Monday, testing the 120 handle. However, we need to break above there in order to start buying as it is of course a round number....

USDJPY Daily Analysis – December 23, 2014

by ForexCycle.com | December 23, 2014 2:58 am
USDJPY remains in short term uptrend from 115.56, further rise to test 121.84 resistance could be expected, a break of this level will signal resumption of the longer term uptrend from 105.19 (Oct 15 low), then the...

USDJPY Daily Analysis – December 22, 2014

by ForexCycle.com | December 22, 2014 3:31 am
USDJPY is now in uptrend from 115.56, further rise to test 121.84 resistance could be expected, a break of this level will signal resumption of the longer term uptrend from 105.19 (Oct 15 low), then the following...

USDJPY Weekly Analysis – December 21, 2014

by ForexCycle.com | December 21, 2014 5:31 am
After touching the lower line of the price channel on daily chart, USDJPY rebounded from 115.56, indicating that the pair remains in uptrend from 101.06, and the fall from 121.84 could be treated as consolidation of the...

USD/JPY Forecast December 22, 2014, Technical Analysis

by FX Empire | December 21, 2014 5:28 am
The USD/JPY pair as you can see rose slightly during the session after initially falling on Friday, binds going forward we feel that this market may struggle to get above the 120 level in the next couple...

USD/JPY Forecast December 19, 2014, Technical Analysis

by FX Empire | December 19, 2014 5:58 am
The USD/JPY pair broke higher during the course of the session on Thursday, but failed to break out above the little bit of resistance at the 119 level. We do think that the market continues to go...

USDJPY Daily Analysis – December 19, 2014

by ForexCycle.com | December 19, 2014 1:10 am
USDJPY is now in short term uptrend from 115.56. Further rise to test 121.84 resistance could be expected, a break of this level will signal resumption of the uptrend from 105.32 (Oct 15 low), then the following...

USD/JPY Forecast December 18, 2014, Technical Analysis

by FX Empire | December 18, 2014 8:13 am
The USD/JPY pair broke a little bit higher during the session on Wednesday, but as you can see is struggling just above the 117.50 level. With that being the case, we are buyers of this pair on...