USDJPY Daily Analysis – September 5, 2019

by ForexCycle.com | September 5, 2019 3:57 am
USDJPY failed to break below 105.58 support, suggesting that the pair remains in the uptrend from 104.44. Further rise could be expected in a couple of days and next target would be at 107.08 resistance. Near term...

USDJPY Daily Analysis – September 4, 2019

by ForexCycle.com | September 4, 2019 3:34 am
USDJPY broke below the bottom of the rising price channel on the 4-hour chart, suggesting that the upside movement from 104.44 had completed at 106.68 already. Deeper decline could be expected in a couple of days and...

USDJPY Daily Analysis – September 3, 2019

by ForexCycle.com | September 3, 2019 3:08 am
USDJPY failed to break below the bottom of the price channel on the 4-hour chart, suggesting that the pair remains in the uptrend from 104.44. Further rise would likely be seen and next target would be at...

USDJPY Daily Analysis – September 2, 2019

by ForexCycle.com | September 2, 2019 1:25 am
USDJPY stays in a rising price channel on the 4-hour chart and remains in the short term uptrend from 104.44. As long as the channel support holds, the upside movement could be expected to continue and next...

USDJPY Weekly Analysis – September 1, 2019

by ForexCycle.com | September 1, 2019 12:17 pm
USDJPY is facing 106.97 resistance, a break above this level could trigger further upside movement towards the falling trend line on the daily chart. On the downside, as long as the trend line resistance holds, the downtrend...

USDJPY Daily Analysis – August 30, 2019

by ForexCycle.com | August 30, 2019 3:30 am
USDJPY extended its upside movement from 104.44 to as high as 106.68. Further rise to test 107.08 resistance is possible, a break of this level could trigger further upside movement to 108.00 area. Support is at 106.10,...

USDJPY Daily Analysis – August 29, 2019

by ForexCycle.com | August 29, 2019 3:41 am
No changed in our view, USDJPY remains in the downtrend from 109.31, the bounce from 104.44 would possibly be consolidation for the downtrend, further decline to 104.00 area is still possible after the consolidation. Only break above...

USDJPY Daily Analysis – August 28, 2019

by ForexCycle.com | August 28, 2019 3:32 am
USDJPY remains in the downtrend from 109.31, the bounce from 104.44 is likely consolidation for the downtrend. As long as 107.08 key resistance holds, the downside movement could be expected to resume, further decline to 104.00 area...

USDJPY Daily Analysis – August 27, 2019

by ForexCycle.com | August 27, 2019 5:17 am
USDJPY bounced strongly from 104.44, however, the bounce would possibly be consolidation for the downtrend from 109.31, one more fall towards 104.00 is still possible after the consolidation. Key resistance is at 107.08, only break above this...

USDJPY Daily Analysis – August 26, 2019

by ForexCycle.com | August 26, 2019 1:28 am
USDJPY broke below 105.04 support, suggesting that the downtrend from 109.31 has resumed. Further decline is still possible and next target would be at 104.00 area. Near term resistance is at 105.45, above this level could trigger...