USDJPY Daily Analysis – April 2, 2014

by ForexCycle.com | April 2, 2014 3:42 am
USDJPY broke above 103.76 resistance and reached as high as 103.93. The uptrend from 101.72 could be expected to continue after a minor consolidation, and next target would be at 104.50 area. Support is now at 103.10,...

USD/JPY Rising Trend Channel (April 1, 2014)

by Kate Curtis | April 1, 2014 7:17 am
USD/JPY has been on a strong rally lately after breaking above the consolidation pattern below the 102.50 minor psychological resistance. The pair seems close to testing another resistance level again, this time on top of the rising...

USDJPY Daily Analysis – April 1, 2014

by ForexCycle.com | April 1, 2014 3:11 am
USDJPY’s upward movement from 101.20 extended to as high as 103.43. Further rise would likely be seen, and next target would be at 104.00 area. Support is at 102.70, only break below this level could signal completion...

USD/JPY Forecast April 1, 2014, Technical Analysis

by FX Empire | April 1, 2014 1:28 am
The USD/JPY pair rose during the session on Monday, breaking out above the 103 level. That is a significant break out as far as we’re concerned, showing that we will continue to have bullish pressure to the...

USDJPY Daily Analysis – March 31, 2014

by ForexCycle.com | March 31, 2014 3:20 am
USDJPY broke above 102.68 resistance, suggesting that he uptrend from 101.20 has resumed. Further rise could be expected in a couple of days, and next target would be at 103.50 area. Support is at 102.30, only break...

USDJPY Weekly Analysis – March 30, 2014

by ForexCycle.com | March 30, 2014 6:23 am
USDJPY moved sideways in a range between 100.75 and 105.44. Key support is at 100.75, a breakdown below this level will confirm the uptrend from 93.79 (Jun 13, 2013 low) had completed at 105.44 already, then deeper...

USD/JPY Forecast March 31, 2014, Technical Analysis

by FX Empire | March 30, 2014 5:04 am
The USD/JPY pair rose during the session on Friday, breaking above the recent resistance that we’ve seen. However, we still see plenty of resistance above, so it’s not necessarily the “all clear” signal that we are hoping...

USD/JPY Forecast March 28, 2014, Technical Analysis

by FX Empire | March 28, 2014 6:20 am
The USD/JPY pair rose during the session on Thursday, but remained well within the consolidation area that we’ve seen recently. Because of this, we don’t really have much of a trade set up in this pair, but...

USDJPY Daily Analysis – March 28, 2014

by ForexCycle.com | March 28, 2014 12:51 am
USDJPY is now in downtrend from 102.68. Deeper decline to test 101.20 support would likely be seen, a breakdown below this level will confirm that the longer term downtrend from 103.76 has resumed, then the following downward...

USD/JPY Forecast March 27, 2014, Technical Analysis

by FX Empire | March 27, 2014 5:51 am
The USD/JPY pair fell during the bulk of the session on Wednesday, but as you can see found enough support in order to turn things back around and bounce above the 102 level. We believe that this...