USDJPY Daily Analysis – March 30, 2020

by ForexCycle.com | March 30, 2020 3:21 am
USDJPY broke below the bullish price channel on the 4-hour chart, suggesting that the upside movement from 101.17 had completed at 111.71 already. Further decline would likely be seen after a minor consolidation and next target would...

USDJPY Weekly Analysis – March 29, 2020

by ForexCycle.com | March 29, 2020 11:05 am
USDJPY failed to break above 112.22 resistance and pulled back from 111.71. However, another rise to test 112.22 resistance is possible next week, a break of this level could trigger further upside movement towards 115.50 resistance. Support...

USDJPY Daily Analysis – March 27, 2020

by ForexCycle.com | March 27, 2020 2:24 am
USDJPY broke below the bullish price channel on the 4-hour chart, suggesting that the upside movement from 101.17 had completed at 111.71 already. Further decline would likely be seen after a minor consolidation and next target would...

USDJPY Daily Analysis – March 26, 2020

by ForexCycle.com | March 26, 2020 5:15 am
USDJPY stays in a rising price channel on the 4-hour chart and remains in the uptrend from 101.17. As long as the channel support holds, the upside movement could be expected to continue and next target would...

USDJPY Daily Analysis – March 25, 2020

by ForexCycle.com | March 25, 2020 1:10 am
USDJPY extended its upside movement from 101.17 to as high as 111.71. As long as the price is above the rising trend line on the 4-hour chart, the upside movement could be expected to continue and next...

USDJPY Daily Analysis – March 24, 2020

by ForexCycle.com | March 24, 2020 2:33 am
USDJPY stays above a rising trend line on the 4-hour chart and remains in the uptrend from 101.17. As long as the trend line support holds, the upside movement could be expected to continue and next target...

USDJPY Daily Analysis – March 23, 2020

by ForexCycle.com | March 23, 2020 3:37 am
USDJPY extended its upside movement from 101.17 to as high as 111.50. As long as the price is above the rising trend line on the 4-hour chart, the upside movement could be expected to continue and next...

USDJPY Weekly Analysis – March 22, 2020

by ForexCycle.com | March 22, 2020 9:51 am
USDJPY is now facing 112.22 resistance, a break of this level could trigger further upside movement towards 120.00. Near term support is at 109.30, a breakdown below this level could bring the price back towards 107.50.

USDJPY Daily Analysis – March 20, 2020

by ForexCycle.com | March 20, 2020 4:40 am
USDJPY stays above a bullish trend line on the 4-hour chart and remains in the uptrend from 101.17. As long as the trend line support holds, the upside movement could be expected to continue and next target...

USDJPY Elliott Wave View: More Upside Expected

by elliottwave-forecast.com | March 19, 2020 5:11 pm
Short term Elliott Wave view in USDJPY suggests that the rally from March 09, 2020 low is showing a higher high sequence favoring a move towards $112.45-$114.17 target area the upside. The internals of that rally is...