USD/JPY Forecast April 28, 2014, Technical Analysis

by FX Empire | April 26, 2014 6:40 am
The USD/JPY pair went back and forth during the session on Friday, ultimately settling on a fairly negative candle. However, we can still see that the 102 level is supportive, and as a result the market should...

USD/JPY Forecast April 25, 2014, Technical Analysis

by FX Empire | April 25, 2014 6:05 am
The USD/JPY pair fell during the bulk of the session on Thursday, but found enough support right around the 102 level to turn things back around and form a hammer. This hammer of course is a supportive...

USD/JPY Forecast April 24, 2014, Technical Analysis

by FX Empire | April 24, 2014 8:11 am
The USD/JPY pair fell during the bulk of the session on Wednesday, but found enough support below the 102.50 level to push the market higher, and form a hammer. This hammer of course is very supportive looking,...

USDJPY Daily Analysis – April 24, 2014

by ForexCycle.com | April 24, 2014 12:51 am
USDJPY broke below the bottom of the price channel on 4-hour chart, indicating that the uptrend from 101.32 had completed at 102.72 already. Deeper decline would likely be seen, and next target would be at 101.50 area....

USDJPY Daily Analysis – April 23, 2014

by ForexCycle.com | April 23, 2014 3:38 am
USDJPY remains in uptrend from 101.32, and the rise extended to as high as 102.72. Further rise is still possible after a minor consolidation, and next target would be at 103.00 area. Support is at the bottom...

USD/JPY Forecast April 23, 2014, Technical Analysis

by FX Empire | April 23, 2014 3:29 am
The USD/JPY pair fell initially during the session on Tuesday, as traders came back from the Easter holiday. Nonetheless, there was plenty of buying pressure underneath, and as a result the market bounced enough to form a...

USD/JPY Rising Channel Pattern (April 22, 2014)

by Kate Curtis | April 22, 2014 7:10 am
USD/JPY is moving inside an ascending trend channel on its 4-hour time frame, indicating that further gains could be in the cards for the pair. Take note though that stochastic already reached the overbought zone and may...

USD/JPY Forecast April 22, 2014, get technical Analysis

by FX Empire | April 22, 2014 4:45 am
The USD/JPY pair went back and forth during the session on Monday, as traders came back from the holiday weekend. However, much of Europe was still away from its desk, and as a result the liquidity would...

USDJPY Daily Analysis – April 22, 2014

by ForexCycle.com | April 22, 2014 3:25 am
USDJPY stays in a upward price channel on 4-hour chart, and remains in uptrend from 101.32. Support is located at the lower line of the channel, as long as the channel support holds the uptrend could be...

USDJPY Daily Analysis – April 21, 2014

by ForexCycle.com | April 21, 2014 3:01 am
USDJPY continued its upward movement from 101.32, and the rise extended to as high as 102.70. Support is now located at the bottom of the price channel on 4-hour chart. As long as the channel support holds,...