USDJPY Eyes Lower Levels: Downtrend in Control or Temporary Dip?

by ForexCycle.com | March 8, 2024 12:02 am
USDJPY has been on a downward trajectory, extending its decline from previous highs. This analysis dives into the technical situation and explores potential scenarios for the currency pair. Downtrend Deepens: Can Bears Maintain Momentum? Potential for Rebound:...

USDJPY Falls Below Support: Downward Trend or Short-Term Correction?

by ForexCycle.com | March 7, 2024 12:51 am
USDJPY has experienced a recent decline, breaking through key support levels. This analysis examines the technical situation and explores potential scenarios for the currency pair. Breakdown Confirmed: Support Levels Breached Potential Downside Path: Resistance to Watch: Potential...

USDJPY: Rebound or Reprieve? Uptrend at a Crossroads

by ForexCycle.com | March 4, 2024 9:24 am
USDJPY has displayed some recent volatility, breaking below support before experiencing a rebound. This analysis explores the current situation and potential future scenarios for the currency pair. Reversal or Retest? Uptrend Under Scrutiny Resistance Awaits: Breakout or...

USDJPY Stalemate: Uptrend on Hold or Reversal in Sight?

by ForexCycle.com | February 28, 2024 1:52 am
USDJPY is currently locked in a trading range between 149.52 and 150.88, unable to break above the key resistance level. This technical analysis explores the potential implications of this price action, considering both bullish and bearish scenarios....

USDJPY: Stuck in Neutral – Consolidation or Reversal?

by ForexCycle.com | February 26, 2024 2:27 am
USDJPY has been caught in a tug-of-war between bulls and bears, oscillating within a trading range between 149.52 and 150.88. This sideways movement leaves the near-term direction unclear. Let’s analyze the technicals to understand what could unfold...

USDJPY Stalemate: Uptrend Continuation or Reversal Looming?

by ForexCycle.com | February 23, 2024 10:27 am
USDJPY faces a critical juncture, hovering around the 150.88 resistance level. This key hurdle will determine whether the recent uptrend from 145.89 continues or if a reversal is on the horizon. Let’s delve into the technicals to...

USDJPY Stalled: Uptrend Consolidation or Downturn Resumption?

by ForexCycle.com | February 22, 2024 1:23 am
USDJPY’s recent attempt to break below 149.52 support fizzled out, leaving the pair stuck in a sideways range between 149.52 and 150.88. This indecisiveness raises questions about the future direction of the pair. Uptrend Pause or Trend...

USDJPY: Sideways Shuffle or Downtrend Resumption?

by ForexCycle.com | February 21, 2024 2:02 am
USDJPY’s recent rally has hit a snag, breaking below the rising price channel on the 4-hour chart. Now, the pair finds itself caught in a tug-of-war between bulls and bears, oscillating within a trading range. Let’s analyze...

USDJPY on the Rise: Uptrend Continuation or Correction?

by ForexCycle.com | February 19, 2024 12:31 am
USDJPY continues its upward journey, staying within a rising price channel on the 4-hour chart. This suggests the uptrend initiated at 145.89 remains intact. Let’s dive into the technicals to understand the potential scenarios for the pair’s...

USDJPY Holds Uptrend: Breakout or Retracement on the Horizon?

by ForexCycle.com | February 16, 2024 1:50 am
USDJPY continues its upward journey, but is a further rally imminent, or is a period of consolidation or even a pullback brewing? Let’s analyze the technicals to understand the potential scenarios. Uptrend Intact: Consolidation or Further Gains?...