USDJPY Daily Analysis – November 19, 2019

by ForexCycle.com | November 19, 2019 4:28 am
USDJPY is now in the uptrend from 108.23, the pullback from 109.07 is likely consolidation for the uptrend. Another rise could be expected after the consolidation and next target would be at 109.48 resistance. Near term support...

USDJPY Daily Analysis – November 18, 2019

by ForexCycle.com | November 17, 2019 11:43 pm
USDJPY broke above the falling price channel on the 4-hour chart, suggesting that the downside movement from 109.48 had completed at 108.23 already. Further rally could be expected in the coming days and next target would be...

USDJPY Weekly Analysis – November 17, 2019

by ForexCycle.com | November 17, 2019 10:52 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 next target would...

USDJPY Daily Analysis – November 15, 2019

by ForexCycle.com | November 15, 2019 4:22 am
USDJPY extended its downside movement from 109.48 to as low as 108.23, breaking below 108.64 support. As long as the price is in the falling channel on the 4-hour chart, the downside movement could be expected to...

Elliott Wave View: USDJPY Remains Supported

by elliottwave-forecast.com | November 14, 2019 9:26 pm
Elliott Wave View on USDJPY suggests the rally from October 3 low is unfolding as a leading diagonal. A leading diagonal is one form of a 5 waves move with wave 1 and 4 overlapping and the...

USDJPY Daily Analysis – November 14, 2019

by ForexCycle.com | November 13, 2019 10:18 pm
USDJPY is facing 108.64 support, as long as this level holds, the pullback from 109.48 could be treated as consolidation for the uptrend from 107.88, another rise to 110.00 area is possible after the consolidation. On the...

USDJPY Daily Analysis – November 13, 2019

by ForexCycle.com | November 12, 2019 10:59 pm
USDJPY continued its sideways movement in a trading range between 108.64 and 109.48. The sideways movement is likely consolidation for the uptrend from 107.88, further rise to 110.00 area is possible after the consolidation. Key support is...

USDJPY Daily Analysis – November 12, 2019

by ForexCycle.com | November 12, 2019 12:41 pm
USDJPY moved sideways in a trading range between 108.64 and 109.48. As long as 108.64 support holds, the price action in the range could be treated as consolidation for the uptrend from 107.88, further rise to 110.00...

USDJPY Daily Analysis – November 11, 2019

by ForexCycle.com | November 10, 2019 10:56 pm
USDJPY stays above a rising trend line on the 4-hour chart and remains in the uptrend from 107.88. As long as the trend line support holds, the upside movement could be expected to continue and next target...

USDJPY Weekly Analysis – November 10, 2019

by ForexCycle.com | November 10, 2019 9:42 am
USDJPY extended its upside movement from 104.44 to as high as 109.48. As long as the price is above the rising trend line on the daily chart, the upside movement could be expected to continue and next...