USD/JPY Forecast August 11, 2014, Technical Analysis

by FX Empire | August 10, 2014 2:20 am
The USD/JPY pair initially fell during the course of the day on Friday, but as you can see the market did find enough buying pressure nearly 101.50 level to turn things back around and form a hammer....

USD/JPY Forecast August 8, 2014, Technical Analysis

by FX Empire | August 8, 2014 6:00 am
The USD/JPY pair initially tried to rally during the session on Thursday, but as you can see fell back down as we continue to bang around the 102 level. This area has been supportive in the past,...

USDJPY Daily Analysis – August 8, 2014

by ForexCycle.com | August 8, 2014 2:18 am
USDJPY remains in downtrend from 103.08, the bounce from 101.78 is likely consolidation of the downtrend. Further decline could be expected, and next target would be at 101.00 area. Resistance is at 102.45, only break above this...

USD/JPY Forecast August 7, 2014, Technical Analysis

by FX Empire | August 7, 2014 6:05 am
The USD/JPY pair fell during the course of the day on Wednesday, but as you can see bounced back above the 102 level. Because of this, we feel that the market still has plenty of support below,...

USDJPY Daily Analysis – August 7, 2014

by ForexCycle.com | August 7, 2014 4:58 am
USDJPY’s downward movement from 103.08 extended to as low as 101.78. Further decline is still possible after consolidation, and next target would be at 101.00 area. Resistance is at 102.45, only break above this level could signal...

USDJPY Daily Analysis – August 6, 2014

by ForexCycle.com | August 6, 2014 5:47 am
USDJPY remains in uptrend from 101.06, the fall from 103.08 could be treated as consolidation of the uptrend. Initial support is at the bottom of the price channel on 4-hour chart, and the key support is at...

USD/JPY Forecast August 6, 2014, Technical Analysis

by FX Empire | August 6, 2014 4:45 am
The USD/JPY pair had a very volatile session on Tuesday, but ultimately showed the 103 level to be resistive. Because of this, we ended up forming a shooting star, which of course is a relatively negative sign....

USD/JPY Forecast August 5, 2014, Technical Analysis

by FX Empire | August 5, 2014 6:14 am
The USD/JPY pair initially fell during the course of the day on Monday, but as you can see about enough support of the 102.50 level to turn things background and form a hammer. Because of this, we...

USDJPY Daily Analysis – August 5, 2014

by ForexCycle.com | August 5, 2014 3:00 am
USDJPY stays in a upward price channel on 4-hour chart, and remains in uptrend from 101.06. As long as the channel support holds, the uptrend could be expected to continue, and next target would be at 103.80...

USDJPY Daily Analysis – August 4, 2014

by ForexCycle.com | August 4, 2014 3:11 am
USDJPY remains in uptrend from 101.06, the fall from 103.08 is likely consolidation of the uptrend. Support is located at the bottom of the price channel on 4-hour chart. As long as the channel support holds, the...