USD/JPY Forecast October 30, 2013, Technical Analysis

by FX Empire | October 30, 2013 2:36 am
The USD/JPY pair rose during the session on Tuesday, showing that the market continues to have a little bit of a bid in it at lower levels. The question of course then becomes whether or not the...

USD/JPY Forecast October 29, 2013, Technical Analysis

by FX Empire | October 29, 2013 6:03 am
The USD/JPY pair rose during the session on Monday, but as you can see we are still well within a relatively tight consolidation range that runs all the way up to the 98.50 area.

USD/JPY Forecast October 28, 2013, Technical Analysis

by FX Empire | October 28, 2013 3:02 am
The USD/JPY pair fell during the bulk of the session on Friday, but as you can see found enough support at the 97 handle in order to form a pretty decent looking hammer. Because of this, we...

USDJPY Analysis – October 27, 2013

by ForexCycle.com | October 27, 2013 2:55 am
USDJPY stayed in a trading range between 93.79 and 103.73 for several months. The price action in the range is likely consolidation of the uptrend from 75.57 (Oct 31, 2011 low), as long as 93.79 key support...

USD/JPY Forecast October 25, 2013, Technical Analysis

by FX Empire | October 25, 2013 5:57 am
The USD/JPY pair fell slightly during the session on Thursday, but as you can see remains above the 97 handle. This area is often a little bit of support, and as a result we think that this...

USD/JPY Forecast October 24, 2013, Technical Analysis

by FX Empire | October 24, 2013 7:38 am
The USD/JPY pair fell hard during the session on Wednesday, breaking down to the 97 handle. That being the case, it appears of this market is trying to find some type of support in this general vicinity,...

USD/JPY Forecast October 23, 2013, Technical Analysis

by FX Empire | October 23, 2013 5:19 am
The USD/JPY pair went back and forth during the session on Tuesday, but essentially ended up where it started during the day. That might be because of the nonfarm payroll numbers coming out lower than expected, which...

USD/JPY Forecast October 22, 2013, Technical Analysis

by FX Empire | October 22, 2013 3:01 am
The USD/JPY pair rose during the session on Monday, breaking the top of the hammer that had formed on Friday area and this of course suggests that the market is ready to go higher. Nonetheless, it looks...

USDJPY Analysis – October 20, 2013

by ForexCycle.com | October 20, 2013 4:10 am
USDJPY continues its sideways movement in a range between 93.79 and 103.73. The price action in the range is likely consolidation of the uptrend from 75.57 (Oct 31, 2011 low), as long as 93.79 key support holds,...

USD/JPY Forecast October 21, 2013, Technical Analysis

by FX Empire | October 19, 2013 12:54 pm
The USD/JPY pair fell during the session on Friday, but as you can see found enough support in the general vicinity of the 97.50 handle in order to form a hammer. This hammer signifies of the market...