USDJPY Weekly Analysis – December 15, 2019

by ForexCycle.com | December 15, 2019 5:31 am
USDJPY remains in the uptrend from 104.44. As long as 107.88 support holds, the upside movement could be expected to continue and next target would be at 110.50 area. On the downside, a breakdown below 107.88 support...

USDJPY Daily Analysis – December 13, 2019

by ForexCycle.com | December 13, 2019 3:31 am
USDJPY broke above 109.00 resistance and extended its upside movement from 108.42 to as high as 109.58. Further rise could be expected and the target would be at the top of the rising price channel on the...

USDJPY Daily Analysis – December 12, 2019

by ForexCycle.com | December 11, 2019 11:13 pm
USDJPY continued its sideways movement in a trading range between 108.42 and 109.00. Support is at the bottom of the price channel on the 4-hour chart, a breakdown below the channel support could take the price to...

USDJPY Daily Analysis – December 11, 2019

by ForexCycle.com | December 11, 2019 4:04 am
USDJPY moved sideways in a trading range between 108.42 and 109.00. Support is at the bottom of the price channel on the 4-hour chart, a breakdown below the channel support could take the price to 107.50 area....

USDJPY Daily Analysis – December 10, 2019

by ForexCycle.com | December 10, 2019 4:52 am
USDJPY is testing the support of the rising price channel on the 4-hour chart. A breakdown below the channel support would confirm that the upside movement from 104.44 (Aug 26 low) had completed at 109.72 already, then...

USDJPY Daily Analysis – December 9, 2019

by ForexCycle.com | December 9, 2019 12:30 am
USDJPY is facing the support of the rising price channel on the 4-hour chart. A breakdown below the channel support would indicate that the upside movement from 104.44 (Aug 26 low) had completed at 109.72 already, then...

USDJPY Weekly Analysis – December 8, 2019

by ForexCycle.com | December 8, 2019 10:35 am
USDJPY broke below the rising price channel on the daily chart. Deeper decline to test 107.88 support would likely be seen next week, a breakdown below this level would indicate that the upside movement from 104.44 had...

USDJPY Daily Analysis – December 6, 2019

by ForexCycle.com | December 6, 2019 3:24 am
USDJPY stays in a rising price channel on the 4-hour chart. Another rise towards 110.00 would likely be seen over the next several days. Support is at 108.42, only a breakdown below this level would confirm that...

USDJPY Daily Analysis – December 5, 2019

by ForexCycle.com | December 5, 2019 3:21 am
USDJPY broke above 108.85 resistance, suggesting that the downside movement from 109.72 had completed at 108.42 already. Further rally could be expected in the coming days and next target would be at 109.50 area. Support is located...

USDJPY Daily Analysis – December 4, 2019

by ForexCycle.com | December 4, 2019 4:55 am
USDJPY extended its downside movement from 109.72 to as low as 108.48. Deeper decline to test 108.23 support is still possible. Near term resistance is at 108.85, a break of this level could trigger another upside movement...