USDJPY Analysis – Apr 12, 2008

by ForexCycle.com | April 12, 2008 6:37 am
USDJPY is in up trend. The fall from 102.94 is treated as consolidation to the up trend. Further rally to 105.00 area to reach the next cycle top on daily chart is still in favor after consolidation....

USDJPY Analysis – Apr 9, 2008

by ForexCycle.com | April 8, 2008 8:30 pm
USDJPY traded in a narrow range between 101.45 and 102.94 in the last few days. Further rise to 105.00 area to reach the next cycle top on daily chart is still in favor after consolidation. Key support...

USDJPY Analysis – Apr 5, 2008

by ForexCycle.com | April 4, 2008 8:31 pm
Being contained by 103.59 resistance, USDJPY pulls back from 102.94. As long as 98.55 key support holds, we’d expect up trend to resume and further rise to 105.00 area to reach the next cycle top on daily...

USDJPY Analysis – Apr 2, 2008

by ForexCycle.com | April 1, 2008 8:10 pm
USDJPY rises sharply to as high as 102.15 after consolidation. Further rally to test 103.59 resistance is expected in the next several days. Key support is now located at 98.55, only break of this level will signal...

USDJPY Analysis – Mar 30, 2008

by ForexCycle.com | March 29, 2008 7:09 pm
USDJPY formed a cycle bottom at 95.77 level on daily chart. Further rebound to 102.50 area to reach the next cycle top on daily chart is still possible in the next several days. Key support is at...

USDJPY Analysis – Mar 26, 2008

by ForexCycle.com | March 25, 2008 7:57 pm
No changed in our view, USDJPY formed a cycle bottom at 95.77 level on daily chart. Further rebound to test 103.59 resistance is still possible in the next several days. Key support is at 95.77, only break...

USDJPY Analysis – Mar 22, 2008

by ForexCycle.com | March 21, 2008 9:19 pm
USDJPY formed a cycle bottom at 95.77 level on daily chart. Further rebound to test 103.59 resistance is still possible next week. Key support is at 95.77, only break of this level will signal the resumption of...

USDJPY Analysis – Mar 19, 2008

by ForexCycle.com | March 18, 2008 10:02 pm
USDJPY’s down trend from 108.59 extends to as low as 95.77. The rebound from 95.77 suggests that the pair is forming a cycle bottom on daily chart. Consolidation could be seen in a range between 95.77 and...

USDJPY Analysis – Mar 15, 2008

by ForexCycle.com | March 14, 2008 9:16 pm
USDJPY’s down trend remains and dropped sharply to as low as 98.89. Further fall to 96.00 area to reach the next cycle bottom on daily chart is still possible next week. Key resistance is now at 103.59,...

USDJPY Analysis – Mar 12, 2008

by ForexCycle.com | March 11, 2008 7:24 pm
USDJPY is forming a cycle bottom at 101.41 level, key resistance is at 104.17, a break of this level will confirm the cycle bottom and consolidation to the down trend could be seen in the next two...