USDJPY Daily Analysis – June 14, 2019

by ForexCycle.com | June 14, 2019 3:33 am
USDJPY moved sideways in a trading range between 107.81 and 108.80. The sideways movement is likely consolidation for the downtrend from 112.40 (Apr 24 high). Further decline could be expected after the consolidation and next target would...

USDJPY Daily Analysis – June 13, 2019

by ForexCycle.com | June 13, 2019 2:33 am
USDJPY failed to break above 109.00 resistance and pulled back from 108.80, suggesting that the pair remains in the downtrend from 112.40. Deeper decline to test 107.80 support could be expected in the coming days, a breakdown...

USDJPY Daily Analysis – June 12, 2019

by ForexCycle.com | June 12, 2019 2:51 am
USDJPY is in consolidation for the downtrend from 112.40. Range trading between 107.81 and 109.00 would likely be seen in a couple of days. As long as 109.00 resistance holds, the downside movement could be expected to...

USDJPY Daily Analysis – June 11, 2019

by ForexCycle.com | June 11, 2019 2:45 am
USDJPY’s bounce from 107.81 extended to as high as 108.71, breaking above 108.61 resistance. Further rally could be expected and next target would be at 109.00 area. However, as long as 109.00 resistance holds, the bounce could...

USDJPY Daily Analysis – June 10, 2019

by ForexCycle.com | June 10, 2019 1:00 am
USDJPY moved sideways in a trading range between 107.81 and 108.61. As long as 108.61 resistance holds, the downtrend from 110.67 could be expected to resume and further decline to 107.00 area is possible after the consolidation....

USDJPY Weekly Analysis – June 8, 2019

by ForexCycle.com | June 8, 2019 12:18 pm
USDJPY stays below a bearish trend line on the daily chart and remains in the downtrend from 112.40. As long as the trend line resistance holds, the downside movement could be expected to continue and next target...

USDJPY Daily Analysis – June 6, 2019

by ForexCycle.com | June 6, 2019 1:14 am
USDJPY broke above 108.45 resistance, suggesting that the downside movement from 109.92 had completed at 107.81 already. Further rally would likely be seen in a couple of days and next target would be at 108.80, followed by...

USDJPY Daily Analysis – June 5, 2019

by ForexCycle.com | June 5, 2019 2:56 am
USDJPY remains in the downtrend from 110.67, the bounce from 107.84 is likely consolidation for the downtrend. As long as 108.45 resistance holds, the downside movement could be expected to continue and next target would be at...

USDJPY Daily Analysis – June 4, 2019

by ForexCycle.com | June 4, 2019 3:09 am
USDJPY’s downside movement from 109.92 extended to as low as 107.85. Further decline is still possible in a couple of days and next target would be at 107.00 area. Near term resistance is at 108.45, a break...

USDJPY Daily Analysis – June 3, 2019

by ForexCycle.com | June 3, 2019 2:11 am
USDJPY extended it downside movement from 109.92 to as low as 108.17. Further decline could be expected after a minor consolidation and next target would be at 107.50 area. Near term resistance is at 108.60, a break...