USD/JPY 89.25 – 6 October 2009

by ForexCycle.com | October 6, 2009 10:17 am
USD/JPY Open 89.51 High 89.96 Low 88.86 Close 89.53 Yesterday Dollar/Yen made a decreasing attempt, reaching a bottom at 89.22, where the bearish impulse was stopped, and the currency couple bounced sharply upwards to 89.96, closing the...

USDJPY Analysis – October 3, 2009

by ForexCycle.com | October 3, 2009 2:17 am
USDJPY stays below the falling trend line from 97.78 to 92.53 and remains in downtrend. Deeper decline to test 87.12 long term critical support is possible after consolidation. Only rise above the trend line resistance will suggest...

USD/JPY 89.91 – 1 October 2009

by ForexCycle.com | October 1, 2009 11:17 am
USD/JPY Open 90.09 High 90.16 Low 89.37 Close 89.68 On Wednesday Dollar/Yen made a moderate decreasing momentum, reaching a bottom at 89.37, where the bearish impulse was limited, and the currency couple started rising, closing the day...

USD/JPY 89.56 – 30 September 2009

by ForexCycle.com | September 30, 2009 10:46 am
USD/JPY Open 90.09 High 90.37 Low 89.35 Close 90.08 Dollar/Yen made an indecisive movement on Tuesday, forming divergence on the 3 hour chart. On the 1 hour chart the currency couple made an unconvincing break down of...

USD/JPY 89.70 – 29 September 2009

by ForexCycle.com | September 29, 2009 10:28 am
USD/JPY Open 89.66 High 90.20 Low 88.47 Close 89.64 Dollar/Yen made a significant downward movement on Monday down to the 88.47 bottom, from where it recovered back later as expected in our forecast, closing the day at...

USDJPY Analysis – September 26, 2009

by ForexCycle.com | September 26, 2009 3:50 am
USDJPY breaks below 90.12 support and reaches as low as 89.51, suggesting that a cycle top has been formed at 92.53 level on daily chart. Now the downtrend from 97.78 has resumed. Deeper decline is expected next...

USD/JPY 90.55 – 25 September 2009

by ForexCycle.com | September 25, 2009 10:10 am
USD/JPY Open 91.27 High 91.54 Low 90.37 Close 91.29 On Thursday Dollar/Yen attempted to drop, reaching a bottom at 90.37, where further downward movement was limited, and the currency the pair climbed to 91.54, closing the day...

USD/JPY 90.68 – 24 September 2009

by ForexCycle.com | September 24, 2009 10:19 am
USD/JPY Open 91.51 High 91.60 Low 90.35 Close 91.30 Dollar/Yen failed to continue its bearish momentum yesterday, climbed up to the 91.60 top, closing the day at 91.30. Because of the current trading range within which the...

USD/JPY 91.53 – 23 September 2009

by ForexCycle.com | September 23, 2009 10:16 am
USD/JPY Open 91.11 High 92.06 Low 90.52 Close 91.09 Dollar/Yen failed to continue his ascending correction on Tuesday. Of the 3 hour chart the bullish channel was broken downwards and the trading under 91.75 indicates that the...

USD/JPY 91.53 – 22 September 2009

by ForexCycle.com | September 22, 2009 10:51 am
USD/JPY Open 92.01 High 92.53 Low 91.13 Close 91.91 Dollar/Yen climbed significantly on Monday, from 91.32 to the 92.53 top, closing the day at 91.91. On the 1 hour chart the downward channel was broken upwards, and...