USD/JPY Forecast October 30, 2014, Technical Analysis

by FX Empire | October 30, 2014 5:32 am
The USD/JPY pair initially fell during the course of the day on Wednesday, but after a hearty statement by the Federal Reserve, this pair went higher and broke out to the upside. It now seems almost a...

USDJPY Daily Analysis – October 30, 2014

by ForexCycle.com | October 30, 2014 2:28 am
USDJPY continued its upward movement from 105.32, and the rise extended to as high as 109.11. Support is located at the bottom of the price channel on 4-hour chart, as long as the channel support holds, further...

USDJPY Daily Analysis – October 29, 2014

by ForexCycle.com | October 29, 2014 1:44 am
USDJPY remains in uptrend from 105.32, the fall from 108.34 is likely consolidation of the uptrend. Key support is now at 107.60, as long as this level holds, the uptrend could be expected to continue, and next...

USD/JPY Forecast October 28, 2014, Technical Analysis

by FX Empire | October 28, 2014 6:20 am
The USD/JPY pair fell during the course of the day on Monday, but found enough support at the 107.50 level to turn things back around and form a nice-looking hammer. This was an area that we had...

USDJPY Daily Analysis – October 28, 2014

by ForexCycle.com | October 28, 2014 3:58 am
USDJPY stays in the rising price channel on 4-hour chart, and remains in uptrend from 105.32, the fall from 108.34 is likely consolidation of the uptrend. As long as the channel support holds, the uptrend could be...

USDJPY Daily Analysis – October 27, 2014

by ForexCycle.com | October 27, 2014 4:12 am
USDJPY stays above the upward trend line on 4-hour chart, and remains in uptrend from 105.32. As long as the trend line support holds, the uptrend could be expected to continue, and next target would be at...

USDJPY Weekly Analysis – October 26, 2014

by ForexCycle.com | October 26, 2014 4:06 am
USDJPY remains in uptrend from 101.06, the fall from 110.08 could be treated as consolidation of the uptrend. Resistance is at 110.08, a break of this level will indicate that the uptrend has resumed, then next target...

USD/JPY Forecast October 27, 2014, Technical Analysis

by FX Empire | October 25, 2014 1:02 pm
The USD/JPY pair went back and forth during the course of the day on Friday, essentially settling nothing. However, we have broken out above the 107.50 level, and as a result we believe that the market does...

USD/JPY Forecast October 24, 2014, Technical Analysis

by FX Empire | October 24, 2014 5:25 am
The USD/JPY pair did in fact break above the 107.50 level during the session on Thursday, which was the signal that we had been waiting on in order to start buying again. Now that we’ve had that...

USDJPY Correction Over? (Oct 24, 2014)

by Kate Curtis | October 24, 2014 4:53 am
USDJPY is stalling at an area of interest, which lines up with the 108.00 major psychological resistance level. This also coincides with the 200 SMA and the 61.8% Fibonacci retracement on the latest swing high and low...