USDJPY Daily Analysis – March 27, 2014

by ForexCycle.com | March 27, 2014 3:38 am
USDJPY broke below 102.01 support, suggesting that the uptrend from 101.20 had completed at 102.68 already. Deeper decline to test 101.20 support could be expected, a breakdown below this level will signal resumption of the longer term...

USD/JPY Forecast March 26, 2014, Technical Analysis

by FX Empire | March 26, 2014 5:19 am
The USD/JPY pair did very little during the session on Tuesday, as we continue to hang about the 102.25 area. This being the case, it appears the markets are simply grinding its way sideways, but we know...

USDJPY Daily Analysis – March 26, 2014

by ForexCycle.com | March 26, 2014 3:27 am
USDJPY continued its sideways movement in a narrow range between 102.01 and 102.68. Support is at 102.01, a breakdown below this level will indicate that the upward movement from 101.20 had completed at 102.68 already, then the...

USD/JPY Forecast March 25, 2014, Technical Analysis

by FX Empire | March 25, 2014 5:21 am
The USD/JPY pair tried to rally during the session on Monday, but as you can see found way too much in the form of resistance at the 102.50 level. Because of this, the market pullback informed a...

USDJPY Daily Analysis – March 25, 2014

by ForexCycle.com | March 25, 2014 2:18 am
USDJPY moved sideways in a narrow range between 102.01 and 102.68. Resistance is at 102.68, a break above this level will trigger another rise to test 103.76 resistance. Support is at 102.01, a breakdown below this level...

USDJPY Daily Analysis – March 24, 2014

by ForexCycle.com | March 24, 2014 1:29 am
USDJPY is in downtrend from 103.76. Another fall to re-test 101.20 support would likely be seen, a breakdown below this level will signal resumption of the downtrend, then next target would be at 98.00 area. Resistance is...

USDJPY Weekly Analysis – March 22, 2014

by ForexCycle.com | March 22, 2014 2:27 pm
USDJPY remains in downtrend from 105.44, the rise from 100.75 is likely consolidation of the downtrend. Another fall to re-test 100.75 support could be expected next week, a breakdown below this level will signal resumption of the...

USD/JPY Forecast March 24, 2014, Technical Analysis

by FX Empire | March 22, 2014 9:31 am
The USD/JPY pair fell during the session on Friday, but stays above the 102 level to show signs of support. The uptrend line that is from the weekly timeframe on this chart suggests and that sooner or...

USD/JPY Forecast March 21, 2014, Technical Analysis

by FX Empire | March 21, 2014 7:44 am
The USD/JPY pair did very little during the session on Thursday, hovering just below the 102.50 handle. The market looks as if it is trying to break out, but we are just below a significant amount of...

USDJPY Daily Analysis – March 21, 2014

by ForexCycle.com | March 21, 2014 3:27 am
USDJPY moved sideways in a trading range between 101.20 and 103.76. Key support is at 101.20, a breakdown below this level will indicate that the downtrend from 103.76 has resumed, then the following downward movement could bring...