USDJPY Daily Analysis – January 20, 2020

by ForexCycle.com | January 20, 2020 3:43 am
USDJPY extended its upside movement from 107.65 to as high as 110.28. Key support is at 109.78, as long as this level holds, the upside movement could be expected to continue and next target would be at...

USDJPY Weekly Analysis – January 19, 2020

by ForexCycle.com | January 19, 2020 1:08 pm
USDJPY extended its upside movement from 104.44 to as high as 110.28, breaking above 109.72 resistance. Further rise could be expected next week and next target would be at 111.50 area. Near term support is at 109.40,...

USDJPY Daily Analysis – January 17, 2020

by ForexCycle.com | January 17, 2020 3:29 am
USDJPY broke above 110.20 resistance, suggesting that the uptrend from 107.65 has resumed. Further rise could be expected in a couple of days and next target would be at 110.50 area. Support is now at 109.78, a...

USDJPY Daily Analysis – January 16, 2020

by ForexCycle.com | January 16, 2020 2:54 am
USDJPY is in consolidation for the uptrend from 107.65, range trading between 109.40 and 110.20 would likely be seen in a couple of days. As long as 109.40 support holds, the uptrend could be expected to resume,...

USDJPY Daily Analysis – January 15, 2020

by ForexCycle.com | January 15, 2020 3:58 am
USDJPY remains in the uptrend from 107.65. As long as 109.40 support holds, the pullback from 110.20 could be treated as consolidation for the uptrend, and further rise to 110.50 area is still possible after the consolidation....

USDJPY Daily Analysis – January 14, 2020

by ForexCycle.com | January 14, 2020 5:09 am
USDJPY broke above 109.72 resistance and extended its upside movement from 107.65 to as high as 110.21. Further rise is still possible after a minor consolidation and next target would be at 110.50 area. Near term support...

USDJPY Daily Analysis – January 13, 2020

by ForexCycle.com | January 12, 2020 11:06 pm
USDJPY is facing 109.72 resistance, a break of this level could trigger further upside movement towards 110.00. Near term support is at 109.35, a breakdown below this level would indicate that consolidation for the uptrend is underway,...

USDJPY Weekly Analysis – January 12, 2020

by ForexCycle.com | January 12, 2020 1:19 pm
After touching 107.88 support, USDJPY rebounded strongly to 109.69, facing the resistance level at 109.72. Further rise would likely be seen next week and next target would be at 111.00 area. Near term support is at 108.95,...

USDJPY Daily Analysis – January 10, 2020

by ForexCycle.com | January 10, 2020 12:19 am
USDJPY extended its upside movement from 107.65 to as high as 109.58, facing the resistance level at 109.70. Near term support is at 109.30, as long as this level holds, the upside movement could be expected to...

USDJPY Daily Analysis – January 9, 2020

by ForexCycle.com | January 9, 2020 3:14 am
USDJPY broke above 108.86 resistance, suggesting that the downtrend from 109.70 had completed at 107.65 already. Further rise could be expected after a minor consolidation and next target would be at 109.50 area. Near term support is...