USDJPY Stalemate: Uptrend Continuation or Reversal Looming?

by ForexCycle.com | February 23, 2024 10:27 am
USDJPY faces a critical juncture, hovering around the 150.88 resistance level. This key hurdle will determine whether the recent uptrend from 145.89 continues or if a reversal is on the horizon. Let’s delve into the technicals to...

USDJPY Stalled: Uptrend Consolidation or Downturn Resumption?

by ForexCycle.com | February 22, 2024 1:23 am
USDJPY’s recent attempt to break below 149.52 support fizzled out, leaving the pair stuck in a sideways range between 149.52 and 150.88. This indecisiveness raises questions about the future direction of the pair. Uptrend Pause or Trend...

USDJPY: Sideways Shuffle or Downtrend Resumption?

by ForexCycle.com | February 21, 2024 2:02 am
USDJPY’s recent rally has hit a snag, breaking below the rising price channel on the 4-hour chart. Now, the pair finds itself caught in a tug-of-war between bulls and bears, oscillating within a trading range. Let’s analyze...

USDJPY on the Rise: Uptrend Continuation or Correction?

by ForexCycle.com | February 19, 2024 12:31 am
USDJPY continues its upward journey, staying within a rising price channel on the 4-hour chart. This suggests the uptrend initiated at 145.89 remains intact. Let’s dive into the technicals to understand the potential scenarios for the pair’s...

USDJPY Holds Uptrend: Breakout or Retracement on the Horizon?

by ForexCycle.com | February 16, 2024 1:50 am
USDJPY continues its upward journey, but is a further rally imminent, or is a period of consolidation or even a pullback brewing? Let’s analyze the technicals to understand the potential scenarios. Uptrend Intact: Consolidation or Further Gains?...

USDJPY Surges Higher: Further Gains or Correction Ahead?

by ForexCycle.com | February 14, 2024 1:13 am
USDJPY has been on a tear, extending its rally from 145.89 to reach a new high of 150.88. But will this bullish momentum continue, or is a correction on the horizon? Let’s delve into the technical analysis...

USDJPY Pulls Back: Uptrend Consolidation or Downturn Signal?

by ForexCycle.com | February 8, 2024 3:27 am
USDJPY’s recent rally encountered resistance at 148.80, leading to a pullback. But is this a temporary pause or a sign of a potential trend reversal? Let’s analyze the technicals to understand what this means for the pair’s...

USDJPY Technical Outlook: Bounce Tests Key Resistance

by ForexCycle.com | February 5, 2024 4:23 am
USDJPY has exhibited a sharp bounce, recovering from 145.89 to reach 148.81, challenging the previous resistance level at 148.80. Let’s analyze the technicals to understand the potential implications for the currency pair’s future direction. Key Resistance Level...

USDJPY Market Analysis: Break Below and Potential Targets

by ForexCycle.com | February 1, 2024 2:10 am
USDJPY’s recent move breaking below key levels has set the stage for likely future moves as identified by key markers. Breaking Below the Rising Channel and Key Support USDJPY has pierced through the bottom of the ascending...

The Ascend of USDJPY: The How and The What Next

by ForexCycle.com | January 26, 2024 2:20 am
The USDJPY is currently hanging out in a rising price channel on the 4-hour chart, a signal that the uptrend from 140.25 remains alive and well. As long as the channel’s support maintains its grip, we can...