USDJPY Daily Analysis – February 10, 2020

by ForexCycle.com | February 10, 2020 3:28 am
USDJPY extended its upside movement from 108.30 to as high as 110.02. Further rise is still possible after a minor consolidation and next target would be at 110.50 area. Support is at 109.53, a breakdown below this...

USDJPY Weekly Analysis – February 9, 2020

by ForexCycle.com | February 9, 2020 11:37 am
USDJPY stays in a rising price channel on the daily chart and remains in the uptrend from 104.44. As long as the channel support holds, the upside movement could be expected to continue and the target would...

USDJPY Daily Analysis – February 7, 2020

by ForexCycle.com | February 7, 2020 4:43 am
USDJPY remains in the uptrend from 108.30. Further rise would likely be seen in the coming days and next target would be at 110.28 resistance. Near term support is at 109.55, a breakdown below this level could...

USDJPY Daily Analysis – February 6, 2020

by ForexCycle.com | February 6, 2020 4:22 am
USDJPY extended its upside movement from 108.30 to as high as 109.90. Further rise would likely be seen after a minor consolidation and next target would be at 110.28 resistance. Near term support is at 109.55, below...

USDJPY Daily Analysis – February 5, 2020

by ForexCycle.com | February 5, 2020 4:24 am
USDJPY broke above the falling trend line on the 4-hour chart, suggesting that the downtrend from 110.28 had completed at 108.30 already. Further rally would likely be seen in the coming days and next target would be...

USDJPY Daily Analysis – February 4, 2020

by ForexCycle.com | February 4, 2020 5:11 am
USDJPY is facing the resistance of the falling trend line on the 4-hour chart. A breakout of the trend line resistance would suggest that the downside movement from 110.28 had completed at 108.30 already, then further rise...

USDJPY Daily Analysis – February 3, 2020

by ForexCycle.com | February 3, 2020 4:19 am
USDJPY’s downside movement from 110.28 extended to as low as 108.30. Further decline is still possible and next target would be at 108.00 area. Near term resistance is located at the falling trend line on the 4-hour...

USDJPY Weekly Analysis – February 2, 2020

by ForexCycle.com | February 2, 2020 1:42 pm
USDJPY is facing the support of the rising price channel on the daily chart. As long as the channel support holds, the pullback from 110.28 could be treated as consolidation for the uptrend from 104.44, another rise...

USDJPY Daily Analysis – January 31, 2020

by ForexCycle.com | January 31, 2020 2:50 am
USDJPY extended its downside movement from 110.28 to as low as 108.58. As long as 109.26 resistance holds, the downside movement could be expected to continue and next target would be at 108.00 area. On the upside,...

USDJPY Daily Analysis – January 30, 2020

by ForexCycle.com | January 30, 2020 4:09 am
USDJPY moved sideways in a trading range between 108.73 and 109.26. The price action in the range is likely consolidation for the downtrend from 110.28, further decline to 108.00 area is possible after the consolidation. Resistance is...