USD/JPY Price Forecast January 24, 2018, Technical Analysis

by FX Empire | January 24, 2018 4:58 am
The US dollar has fallen during the trading session on Tuesday, as we continue to see weakness in the greenback. I believe that the market will continue to be very noisy, as the 110 level will obviously...

USDJPY Daily Analysis – January 23, 2018

by ForexCycle.com | January 23, 2018 1:39 am
USDJPY continued its sideways movement in a trading range between 110.19 and 111.48. The sideways move is likely consolidation of the downtrend from 113.38. Further decline is still possible after the consolidation and next target would be...

USDJPY Daily Analysis – January 22, 2018

by ForexCycle.com | January 22, 2018 2:31 am
USDJPY moved sideways in a trading range between 110.19 and 111.48. As long as 111.48 resistance holds, the sideways movement could be treated as consolidation of the downtrend from 113.75, and a breakdown below 110.19 support could...

USDJPY Weekly Analysis – January 21, 2018

by ForexCycle.com | January 21, 2018 10:13 am
USDJPY broke below 110.84 support, suggesting that the downside movement from 114.73 has resumed. Further decline would likely be seen in a couple of weeks and next target would be at 109.50, followed by 107.31. Resistance is...

USD/JPY Price Forecast January 19, 2018, Technical Analysis

by FX Empire | January 19, 2018 7:23 am
The US dollar has pulled back a bit during the trading session on Thursday, reaching towards the 111 level. However, this is an area that has offered support and resistance in the past, so it doesn’t surprise...

USDJPY Daily Analysis – January 19, 2018

by ForexCycle.com | January 19, 2018 4:35 am
USDJPY remains in downside trend from 113.75, the bounce from 110.19 is likely consolidation of the downtrend. Another fall could be expected after the consolidation and a breakdown below 110.19 could take price to next support level...

USDJPY Daily Analysis – January 18, 2018

by ForexCycle.com | January 18, 2018 3:03 am
USDJPY broke above the falling trend line on the 4-hour chart, suggesting that the short term downtrend from 113.38 had completed at 110.19 already. Further rise would likely be seen and next target would be at 111.87...

USD/JPY Price Forecast January 17, 2018, Technical Analysis

by FX Empire | January 17, 2018 10:31 am
The US dollar has gone back and forth during the trading session on Tuesday, as Americans came back to work. I believe that the market is going to deal with the 111-level next, and that’s an area...

USDJPY Daily Analysis – January 17, 2018

by ForexCycle.com | January 17, 2018 4:07 am
USDJPY extended its downside movement from 113.38 to as low as 110.19. As long as the price is below the falling trend line on the 4-hour chart, the downtrend could be expected to continue and next target...

USDJPY Broken Support Retest (Jan 16, 2018)

by Kate Curtis | January 16, 2018 1:37 pm
USDJPY recently fell through support at the 112.00 major psychological level and looks ready for a pullback to this area of interest. Applying the Fib tool on the latest swing high and low shows that the 61.8%...