USDJPY Daily Analysis – November 21, 2014

by ForexCycle.com | November 21, 2014 1:56 am
USDJPY stays in the upward price channel on 4-hour chart, and remains in uptrend from 105.32, the fall from 118.97 is likely conolidation of the uptrend. Support is at the bottom of the channel, as long as...

USD/JPY Forecast November 20, 2014, Technical Analysis

by FX Empire | November 20, 2014 6:01 am
The USD/JPY pair broke higher during the course of the day here on Wednesday, as we tested the 118 handle. Because of this, it looks like the USD/JPY pair is ready to continue going higher over the...

USDJPY Daily Analysis – November 20, 2014

by ForexCycle.com | November 20, 2014 4:14 am
USDJPY continued its upward movement from 105.32, and the rise extended to as high as 118.36. Near term support is at the upward trend line on 4-hour chart, as long as the trend line support holds, the...

USD/JPY Forecast November 19, 2014, Technical Analysis

by FX Empire | November 19, 2014 5:47 am
The USD/JPY pair went slightly higher during the course of the day on Tuesday, as we continue to grind higher. We believe that this market eventually goes to the 120 level, and every time we pullback it...

USDJPY Daily Analysis – November 19, 2014

by ForexCycle.com | November 19, 2014 3:15 am
USDJPY’s upward movement from 105.32 extended to as high as 117.21. Support is now at 115.45, as long as this level holds, the uptrend could be expected to continue, and next target would be at 119.00 area....

USD/JPY Forecast November 18, 2014, Technical Analysis

by FX Empire | November 18, 2014 6:27 am
The USD/JPY pair initially fell during the session on Monday, but as you can see found enough support below in order to go a bit higher. The 115 level below continues to be massively supportive, and we...

USDJPY Daily Analysis – November 18, 2014

by ForexCycle.com | November 18, 2014 2:57 am
USDJPY remains in uptrend from 105.32, the fall from 117.05 is likely consolidation o f the uptrend. Support is located at the bottom of the price channel on 4-hour chart. As long as the channel support holds,...

USDJPY Daily Analysis – November 17, 2014

by ForexCycle.com | November 17, 2014 2:16 am
USDJPY’s upward movement from 105.32 extended to as high as 117.05. Near term support is at the bottom of the price channel on 4-hour chart, as long as the channel support holds, the uptrend could be expected...

USDJPY Weekly Analysis – November 16, 2014

by ForexCycle.com | November 16, 2014 4:30 am
USDJPY continued its upward movement from 101.06, and the rise extended to as high as 116.82. Further rise could be expected after a minor consolidation, and next target would be at 120.00 area. Support is at 113.50,...

USD/JPY Forecast November 17, 2014, Technical Analysis

by FX Empire | November 15, 2014 10:18 am
The USD/JPY pair initially broke higher during the course of the session on Friday, but found enough resistance above to turn things back around and form a shooting star. The shooting star of course signifies that we...