USD/JPY Forecast January 14, 2014, Technical Analysis

by FX Empire | January 14, 2014 6:21 am
The USD/JPY pair fell during the day on Monday, testing the 103 level for support. This is an area that begins a significant amount of support all the way down to the 102.50 level, so some type...

USDJPY Daily Analysis – January 14, 2014

by ForexCycle.com | January 14, 2014 2:34 am
USDJPY is now in downtrend from 105.44. Further decline could be expected, and next target would be at 101.50 area. Resistance is at 104.20, followed by 105.44, only break above these levels could trigger another rise towards...

USDJPY Daily Analysis – January 13, 2014

by ForexCycle.com | January 13, 2014 3:36 am
USDJPY broke below the lower line of the price channel on 4-hour chart, indicating that the upward movement from 96.94 (Oct 25, 2013 low) had completed at 105.44 already. The pair is now in downtrend, further decline...

USDJPY Weekly Analysis – January 12, 2014

by ForexCycle.com | January 12, 2014 7:09 am
USDJPY remains in uptrend from 96.57, the fall from 105.44 could be treated as consolidation of the uptrend. Initial support is located at the lower line of the price channel on daily chart, as long as the...

USD/JPY Forecast January 13, 2014, Technical Analysis

by FX Empire | January 11, 2014 10:10 am
The USD/JPY pair initially rose during the session on Friday, but turned back around the 105.50 level in order to fall all the way down to the 104 level. The resulting candle was based upon the nonfarm...

USD/JPY Forecast January 10, 2014, Technical Analysis

by FX Empire | January 10, 2014 7:43 am
USD/JPY went back and forth on Thursday, essentially hovering below the 105 handle. This is not much of a surprise as the nonfarm payroll numbers come out later today, which of course greatly influences this pair of...

USDJPY Daily Analysis – January 10, 2014

by ForexCycle.com | January 10, 2014 2:27 am
USDJPY remains in uptrend from 96.94 (Oct 25, 2013 low), the price action from 105.44 could be treated as consolidation of the uptrend. Key support is at 103.91, as long as this level holds, the uptrend could...

USD/JPY Forecast January 9, 2014, Technical Analysis

by FX Empire | January 9, 2014 6:50 am
The USD/JPY pair has been one that we been very bullish of for a significant amount of time now, and as you can see it has enjoyed a nice rally since the beginning of November. That being...

USDJPY Daily Analysis – January 9, 2014

by ForexCycle.com | January 9, 2014 2:44 am
USDJPY failed to break below the lower line of the price channel on 4-hour chart, and rebounded from 103.91. Further rise to test 105.44 resistance would likely be seen, a break above this level will signal resumption...

USD/JPY Forecast January 8, 2014, Technical Analysis

by FX Empire | January 8, 2014 6:43 am
The USD/JPY pair rose during the session on Tuesday, reversing the losses that we had seen on Monday. That being the case, looks like the market is going to continue to bounce around the 105 level, and...