USD/JPY Forecast April 9, 2014, Technical Analysis

by FX Empire | April 9, 2014 2:44 am
The USD/JPY pair fell rather hard during the session on Tuesday, slicing through the 103 level, and falling all the way down to the 101.50 handle. Because of that, it appears that the market has sliced through...

USDJPY Daily Analysis – April 8, 2014

by ForexCycle.com | April 8, 2014 4:13 am
USDJPY is facing the support of the lower line of the price channel on 4-hour chart. As long as the channel support holds, the fall from 104.12 could be treated as consolidation of the uptrend from 101.20,...

USD/JPY Forecast April 8, 2014, Technical Analysis

by FX Empire | April 8, 2014 3:22 am
The USD/JPY pair fell during the session on Monday, finding the 103 level by the end of the day. This area could bring in buyers, but in the meantime it’s difficult to buy until we get a...

USDJPY Daily Analysis – April 7, 2014

by ForexCycle.com | April 7, 2014 1:06 am
USDJPY remains in uptrend from 101.20, the fall from 104.12 is likely consolidation of the uptrend. Support is located at the lower line of the price channel on 4-hour chart. As long as the channel support holds,...

USD/JPY Forecast April 7, 2014, Technical Analysis

by FX Empire | April 7, 2014 1:02 am
The USD/JPY pair initially try to rally on Friday, but turn things back around and formed a very nasty looking bearish candle. That being said though, we believe that the longer-term Outlook of the pair is higher,...

USDJPY Weekly Analysis – April 6, 2014

by ForexCycle.com | April 6, 2014 2:21 am
USDJPY continued its sideways movement in a range between 100.75 and 105.44. As long as 100.75 key support holds, the price action in the range could be treated as consolidation of the uptrend from 93.79 (Jun 13,...

USD/JPY Forecast April 4, 2014, Technical Analysis

by FX Empire | April 4, 2014 9:58 am
The USD/JPY pair tried to rally during the session on Thursday, but as you can see lost most of the gains by the time we closed at the end of the day. The 104 level proved to...

Watching USD/JPY’s Channel During the NFP (April 4, 2014)

by Kate Curtis | April 4, 2014 8:36 am
USD/JPY is testing a key resistance level at the 104.00 major psychological mark prior to the release of the US non-farm payrolls figure today. Analysts are expecting to see a 200K increase in hiring, higher than the...

USDJPY Daily Analysis – April 3, 2014

by ForexCycle.com | April 3, 2014 12:25 am
USDJPY remains in uptrend from 101.72. Further rise could be expected after a minor consolidation, and next target would be at 104.50 area. Support is at 103.10, only break below this level could signal completion of the...

USD/JPY Forecast April 2, 2014, Technical Analysis

by FX Empire | April 2, 2014 6:59 am
The USD/JPY pair rose during the session on Tuesday, shooting straight up in the air. The market still sits just below the most recent high, but it is so close the one has to think that sooner...