USDJPY Daily Analysis – November 8, 2019

by ForexCycle.com | November 8, 2019 5:01 am
USDJPY broke above 109.28 resistance, suggesting that the uptrend from 107.88 has resumed. Further rise could be expected in a couple of days and next target would be at 110.00. Support is now at 108.64, only a...

USDJPY Daily Analysis – November 7, 2019

by ForexCycle.com | November 7, 2019 1:46 am
USDJPY failed to break above 109.28 resistance and pulled back to 108.80 area. Deeper decline would likely be seen and next target would be at 108.40 area. Resistance is at 109.28, only break above this level could...

USDJPY Daily Analysis – November 6, 2019

by ForexCycle.com | November 6, 2019 2:39 am
USDJPY is facing 109.28 resistance, a break of this level could trigger further upside movement towards 109.50. Near term support is at 108.90, below this level would indicate that the upside movement from 107.88 is complete, then...

USDJPY Daily Analysis – November 5, 2019

by ForexCycle.com | November 5, 2019 3:54 am
USDJPY’s bounce from 107.88 extended to as high as 108.79. Further rise could be expected and next target would be at 109.28 resistance. Near term support is at 108.40, below this level could trigger another fall towards...

USDJPY Daily Analysis – November 4, 2019

by ForexCycle.com | November 4, 2019 2:18 am
USDJPY remains in the downtrend from 109.28, the bounce from 107.88 is likely consolidation for the downtrend. Resistance levels are at 108.35 and 108,60, as long as these levels hold, the downside movement could be expected to...

USDJPY Weekly Analysis – November 3, 2019

by ForexCycle.com | November 3, 2019 9:04 am
USDJPY remains in the uptrend from 104.44, as long as the price is in the rising price channel on the daily chart, the pullback from 109.28 could be treated as consolidation for the uptrend, further rise to...

USDJPY Daily Analysis – November 1, 2019

by ForexCycle.com | November 1, 2019 4:23 am
USDJPY extended its downside movement from 109.28 to as low as 107.88, breaking below 108.25 support. Further decline is still possible after a minor consolidation and next target would be at 107.50 area. Near term resistance is...

USDJPY Daily Analysis – October 31, 2019

by ForexCycle.com | October 31, 2019 1:46 am
USDJPY broke below the rising trend line on the 4-hour chart, suggesting that the upside movement from 108.25 had completed at 109.28 already. Further decline would likely be seen and next target would be at 108.40 area....

USDJPY Daily Analysis – October 30, 2019

by ForexCycle.com | October 30, 2019 3:26 am
USDJPY stays above a rising trend line on the 4-hour chart and remains in the uptrend from 108.25. As long as the trend line support holds, the upside movement could be expected to continue and next target...

USDJPY Daily Analysis – October 29, 2019

by ForexCycle.com | October 29, 2019 12:26 am
USDJPY broke above 108.93 resistance, suggesting that the uptrend from 106.48 has resumed. As long as the price is above the rising trend line on the 4-hour chart, the upside movement could be expected to continue and...