USDJPY Daily Analysis – February 28, 2014

by ForexCycle.com | February 28, 2014 1:02 am
USDJPY stays in a trading range between 101.38 and 102.82. As long as 101.38 support holds, the price action in the range could be treated as consolidation of the uptrend from 100.75, another rise to 103.50 area...

USD/JPY Forecast February 27, 2014, Technical Analysis

by FX Empire | February 27, 2014 8:28 am
The USD/JPY pair rose during the session on Wednesday, continuing to grind sideways as we continue to build a bit of a base down in this general vicinity. If we can get above the 103 level though,...

USDJPY Daily Analysis – February 27, 2014

by ForexCycle.com | February 27, 2014 3:54 am
USDJPY remains in uptrend from 100.75. The price action from 102.70 is likely consolidation of the uptrend. Another rise would likely be seen after consolidation, and the target would be at 103.50 area. Key support is at...

USD/JPY Forecast February 26, 2014, Technical Analysis

by FX Empire | February 26, 2014 7:29 am
The USD/JPY pair fell during the session on Tuesday, testing the 102 level. This area has been supportive a couple of times before, and as a result we feel that this market will form a supportive candle...

USDJPY Daily Analysis – February 26, 2014

by ForexCycle.com | February 26, 2014 3:28 am
USDJPY remains in uptrend from 100.75. Another rise to 104.00 area to complete the upward movement would likely be seen. Key support is at 101.35, only break below this level will indicate that the rise from 100.75...

USD/JPY Forecast February 25, 2014, Technical Analysis

by FX Empire | February 25, 2014 5:27 am
The USD/JPY pair initially fell during the session on Friday, but as you can see found enough support at the 102 level in order to go higher and form a hammer yet again. If we can get...

USDJPY Daily Analysis – February 25, 2014

by ForexCycle.com | February 25, 2014 3:29 am
USDJPY remains in uptrend from 100.75. As long as 101.35 support holds, the uptrend could be expected to continue, and next target would be at 104.00 area. Only break below 101.35 support could signal completion of the...

USDJPY Daily Analysis – February 24, 2014

by ForexCycle.com | February 24, 2014 1:57 am
USDJPY’s upward movement from 100.75 extended to as high as 102.82. Further rise could be expected in a couple of days, and next target would be at 104.00 area. Key support is at 101.35, only break below...

USDJPY Weekly Analysis – February 22, 2014

by ForexCycle.com | February 22, 2014 2:55 pm
USDJPY broke above the upper line of the price channel on daily chart, suggesting that the downward movement from 105.44 had completed at 100.75 already. Further rise could be expected next week, and next target would be...

USD/JPY Forecast February 24, 2014, Technical Analysis

by FX Empire | February 22, 2014 4:33 am
The USD/JPY pair rose during the session on Friday, but gave back about half of the gains, in order to show a shooting star. The shooting star is preceded by two hammers though, so we look at...