USDJPY Daily Analysis – December 12, 2014

by ForexCycle.com | December 12, 2014 2:59 am
USDJPY failed to break below 117.23, indicating that the pair remains in uptrend from 105.32 (Oct 15 low), and the fall from 121.84 could be treated as consolidation of the uptrend. Sideways movement in a range between...

USDJPY Daily Analysis – December 11, 2014

by ForexCycle.com | December 11, 2014 5:39 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), range trading between 117.23 and 121.84 would likely...

USD/JPY Forecast December 10, 2014, Technical Analysis

by FX Empire | December 10, 2014 7:44 am
The USD/JPY pair fell during the course of the session on Tuesday, but bounced enough in order to turn things back around and form a hammer. The hammer of course suggests that the market is in fact...

USDJPY Daily Analysis – December 10, 2014

by ForexCycle.com | December 10, 2014 3:27 am
USDJPY broke below the upward trend line on 4-hour chart, indicating that consolidation of the uptrend from 105.32 (Oct 15 low) is underway. Range trading between 117.23 and 121.84 would likely be seen over the next several...

USD/JPY Forecast December 9, 2014, Technical Analysis

by FX Empire | December 9, 2014 8:37 am
The US dollar continues to strengthen overall on the longer-term charts, but the USD/JPY pair ended up pulling back during the length of the day, and headed down to the 120 level. The 120 level offered enough...

USDJPY 100 SMA Support (Dec 9, 2014)

by Kate Curtis | December 9, 2014 6:15 am
USDJPY is making another test of the rising trend line support visible on its 1-hour forex time frame. The pair has just traded around the 122.00 levels and pulled back to the 120.50 area, which is around...

USDJPY Daily Analysis – December 9, 2014

by ForexCycle.com | December 9, 2014 1:54 am
USDJPY remains in uptrend from 117.23, the fall from 121.84 is likely consolidation of the uptrend. As long as the trend line support holds, the uptrend could be expected to continue, and next target would be at...

USDJPY Daily Analysis – December 8, 2014

by ForexCycle.com | December 8, 2014 2:27 am
USDJPY’s upward movement from 117.23 extended to as high as 121.84. Support is located at the rising trend line on 4-hour chart, as long as the trend line support holds, the uptrend could be expected to continue,...

USDJPY Weekly Analysis – December 7, 2014

by ForexCycle.com | December 7, 2014 11:48 am
USDJPY’s upward movement from 101.06 extended to as high as 121.68. Further rise could be expected after a minor consolidation, and next target would be at 130.00 area. Support levels are at 120.00 and 117.00, as long...

USD/JPY Forecast December 8, 2014, Technical Analysis

by FX Empire | December 7, 2014 4:47 am
The USD/JPY pair broke above the 120 level during the session on Friday, as the nonfarm payroll numbers came out much stronger than anticipated in America. With that being the case, it appears that we are starting...