USDJPY Weekly Analysis – June 28, 2020

by ForexCycle.com | June 28, 2020 1:58 am
USDJPY is facing 105.98 support, a breakdown below this level could take the price to 103.00 area. Near term resistance is at 107.65, a breakout of this level could trigger another rise towards 112.00.

USDJPY Daily Analysis – June 15, 2020

by ForexCycle.com | June 14, 2020 10:59 pm
USDJPY broke above 107.30 resistance, suggesting that the downside movement from 109.84 had completed at 106.57 already. Range trading between 106.57 and 108.30 would likely be seen in a couple of days.

USDJPY Daily Analysis – June 12, 2020

by ForexCycle.com | June 12, 2020 1:27 am
USDJPY extended its downside movement from 109.84 to as low as 106.57. Further decline would likely be seen and next target would be at 106.00 area. Near term resistance is at 107.30, a break of this level...

USDJPY Daily Analysis – June 11, 2020

by ForexCycle.com | June 11, 2020 3:44 am
USDJPY broke below the rising trend line on the 4-hour chart, indicating that the upside movement from 105.98 had completed at 109.84 already. Further decline would likely be seen after a minor consolidation and next target would...

USDJPY Daily Analysis – June 9, 2020

by ForexCycle.com | June 9, 2020 3:37 am
USDJPY remains in the uptrend from 105.98, as long as the price is above the rising trend line on the 4-hour chart, the pullback from 109.84 could be treated as consolidation for the uptrend, and another rise...

USDJPY Daily Analysis – June 8, 2020

by ForexCycle.com | June 8, 2020 2:41 am
USDJPY’s upside movement from 107.07 extended to as high as 109.84. Further rise would likely be seen after a minor consolidation and next target would be at 110.50 area. Near term support is at 108.60, a breakdown...

USDJPY Daily Analysis – June 5, 2020

by ForexCycle.com | June 5, 2020 1:28 am
USDJPY extended its upside movement from 105.98 to as high as 109.23. Further rise is still possible in the coming days and next target would be at 110.00 area. Near term support is at 108.40, below this...

USDJPY Daily Analysis – June 4, 2020

by ForexCycle.com | June 4, 2020 1:50 am
After consolidation, USDJPY broke above 108.08 resistance and extended its upside movement from 105.98 to as high as 109.04. Further rise is still possible after a minor consolidation and next target would be at 110.00 area. Near...

USDJPY: Forecasting the Rally Based on Elliott Wave Structure

by elliottwave-forecast.com | June 3, 2020 3:54 pm
USDJPY extended the rally this week and exceeded the peak seen on 20th May 2020. In this article, we would look at the forecast from start of the week and how we called it higher. We will...

USDJPY Daily Analysis – June 2, 2020

by ForexCycle.com | June 2, 2020 2:28 am
USDJPY moved sideways in a trading range between 106.74 and 108.08. As long as 106.74 support holds, the sideways movement could be treated as consolidation for the uptrend from 105.98, and another rise towards 109.00 could be...