USDJPY Daily Analysis – December 18, 2014

by ForexCycle.com | December 18, 2014 2:36 am
USDJPY’s downward movement from 121.84 had completed at 115.56 already. Further rise to test 121.84 resistance would likely be seen, a break of this level will signal resumption of the uptrend from 105.32 (Oct 15 low), then...

USD/JPY Forecast December 17, 2014, Technical Analysis

by FX Empire | December 17, 2014 5:29 am
The USD/JPY pair fell hard during the course of the session on Tuesday, but found enough support just above the 115 level to form a little bit of a hammer. That being the case, we feel that...

USDJPY Daily Analysis – December 17, 2014

by ForexCycle.com | December 17, 2014 3:49 am
USDJPY broke below 117.23 support, indicating that the uptrend from 105.32 (Oct 15 low) had completed at 121.84 already. Further decline could be expected, and next target would be at 115.00 area. Resistance is at 119.60, only...

USD/JPY Forecast December 16, 2014, Technical Analysis

by FX Empire | December 16, 2014 6:30 am
The USD/JPY pair fell during the course of the session on Monday, as we continue to meander around the 117.50 level. With that being the case, the market looks as if it could find support in this...

USDJPY Daily Analysis – December 16, 2014

by ForexCycle.com | December 16, 2014 1:53 am
USDJPY is testing 117.23 support, as long as this level holds, the fall from 121.84 could be treated as consolidation of the uptrend from 105.32 (Oct 15 low). Sideways movement in a range between 117.23 and 121.84...

USDJPY Daily Analysis – December 15, 2014

by ForexCycle.com | December 15, 2014 3:06 am
USDJPY is facing 117.23 support, as long as this level holds, the fall from 121.84 could be treated as consolidation of the uptrend from 105.32 (Oct 15 low). Sideways movement in a range between 117.23 and 121.84...

USDJPY Weekly Analysis – December 14, 2014

by ForexCycle.com | December 14, 2014 4:41 am
USDJPY remains in uptrend from 101.06, the fall from 121.84 is likely consolidation of the uptrend. Near term support is at the lower line of the price channel on daily chart, as long as the channel support...

USD/JPY Forecast December 15, 2014, Technical Analysis

by FX Empire | December 14, 2014 3:41 am
The USD/JPY pair went back and forth during the session on Friday, essentially going nowhere. With that being the case, we are still below the 120 level, if we can get above there we think that the...

USDJPY SMA Crossover (Dec 12, 2014)

by Kate Curtis | December 12, 2014 5:13 am
USDJPY may be due for a downtrend as the pair recently broke below the rising trend line on the 1-hour time frame and SMAs are crossing down. Price pulled up from the 118.00 support zone to the...