USDJPY Weekly Analysis – August 3, 2014

by ForexCycle.com | August 3, 2014 6:21 am
USDJPY failed to break below 100.75 key support, and stays in a trading range between 100.75 and 104.12. As long as 100.75 support holds, the price action in the range could be treated as consolidation of the...

USD/JPY Forecast August 4, 2014, Technical Analysis

by FX Empire | August 3, 2014 5:33 am
The USD/JPY pair had a very violent session on Friday, as nonfarm payroll numbers came out. This is typically a very rough day for this pair, and the fact that we feel like this tells us that...

USD/JPY Bullish Pennant (August 1, 2014)

by Kate Curtis | August 1, 2014 8:38 am
USD/JPY has recently made a strong upside breakout from the descending triangle on a longer-term time frame. From there, price has made a strong rally past 102.00 then formed a bullish flag pattern, indicating that there could...

USD/JPY Forecast August 1, 2014, Technical Analysis

by FX Empire | August 1, 2014 5:38 am
The USD/JPY pair went back and forth during the course of the day on Thursday, ultimately printing a very neutral candle. This neutral candle sits just below the 103 level, and as a result we think that...

USDJPY Daily Analysis – August 1, 2014

by ForexCycle.com | August 1, 2014 1:23 am
USDJPY remains in uptrend from 101.06, the fall from 103.08 is likely consolidation of the uptrend. Support is at 102.45, as long as this level holds, the uptrend could be expected to resume, and next target would...

USD/JPY Forecast July 31, 2014, Technical Analysis

by FX Empire | July 31, 2014 5:58 am
The USD/JPY pair shot straight through the atmosphere during the day on Wednesday, as the US GDP numbers came out much stronger than anticipated. Because of this, the US dollar gained everywhere, the Japanese yen been no...

USDJPY Daily Analysis – July 31, 2014

by ForexCycle.com | July 31, 2014 2:28 am
USDJPY bounced strongly to as high as 103.08. Further rise could be expected after a minor consolidation, and next target would be at 103,50 area. Support is at 102.60, as long as this level holds, the uptrend...

USD/JPY Forecast July 30, 2014, Technical Analysis

by FX Empire | July 30, 2014 6:55 am
The USD/JPY pair rose during the course of the day on Tuesday, breaking above the 102 level finally. However, the market still see is a significant amount of resistance just above, and is going to be a...

USDJPY Daily Analysis – July 30, 2014

by ForexCycle.com | July 30, 2014 2:33 am
USDJPY’s upward movement from 101.06 extended to as high as 102.15. Further rise could be expected after a minor consolidation of next target would be at 102.50 area. Support is at 101.80, only break below this level...

USD/JPY Forecast July 29, 2014, Technical Analysis

by FX Empire | July 29, 2014 6:34 am
The USD/JPY pair rose during the course of the day on Monday, but as you can see we are still struggling to get above the 102 level. Because of this, we feel that this market probably has...