USD/JPY 91.29 – 28 October 2009

by ForexCycle.com | October 28, 2009 11:49 am
USD/JPY Open 91.65 High 92.32 Low 90.93 Close 91.76 Dollar/Yen tried to climb on Tuesday, but failed to break up the key resistance at 92.32, dropping later down to 91.60, and closing the day at 91.76, indicating...

USD/JPY 91.84 – 27 October 2009

by ForexCycle.com | October 27, 2009 11:05 am
USD/JPY Open 92.24 High 92.32 Low 91.57 Close 92.22 On Monday Dollar/Yen decreased down to 91.57, from where renewed its upward trend to 92.29, closing the day at 92.22. Signals are expected to be rising for now,...

USDJPY Analysis – October 25, 2009

by ForexCycle.com | October 25, 2009 1:00 am
USDJPY has formed a cycle bottom at 88.01 level on daily chart. Further rise is now in favor and next target would be at the upper border of the price channel on daily chart, a clear break...

USD/JPY 91.24 – 22 October 2009

by ForexCycle.com | October 22, 2009 10:16 am
USD/JPY Open 90.91 High 91.57 Low 90.50 Close 90.97 On Wednesday Dollar/Yen traded with volatility upwards. On the 3 hour chart the downward channel was broken upwards, indicating failure of the bears and strengthening of the Dollar,...

USD/JPY 90.75 – 21 October 2009

by ForexCycle.com | October 21, 2009 10:13 am
USD/JPY Open 90.68 High 91.05 Low 90.08 Close 90.69 Dollar/Yen traded consolidated down to 90.08 on Tuesday, from where sharply rose with around 100 pips, closing the day at 90.69. On the 3 hour chart, after breaking...

USD/JPY 90.37 – 20 October 2009

by ForexCycle.com | October 20, 2009 10:23 am
USD/JPY Open 90.66 High 91.13 Low 90.08 Close 90.52 On Monday Dollar/Yen made a significant descending movement from. The currency couple decreased from the 91.13 top down to 90.39, closing the day at 90.52. Immediate resistance is...

USDJPY Analysis – October 17, 2009

by ForexCycle.com | October 17, 2009 4:02 am
Being contained by 87.12 (Jan 21 low) long term critical support, USDJPY rebounded from 88.01 level and broke above the falling trend line from 97.78 to 92.53, suggesting that a cycle bottom has been formed on daily...

USD/JPY 91.00 – 16 October 2009

by ForexCycle.com | October 16, 2009 10:07 am
USD/JPY Open 90.65 High 91.27 Low 89.31 Close 90.54 On Thursday Dollar/Yen made a significant ascending movement. On the 3 hour chart the downward channel was broken upwards and quotes now move above 90.60. Our preferable scenario...

USD/JPY 89.26 – 14 October 2009

by ForexCycle.com | October 14, 2009 10:14 am
USD/JPY Open 89.74 High 90.14 Low 88.87 Close 89.67 On Tuesday the upward adjustment of the Dollar/Yen stopped. The currency couple tried to rise, reaching a peak at 90.14, closing the day at 89.67. Immediate support is...

USD/JPY 90.06 – 13 October 2009

by ForexCycle.com | October 13, 2009 10:14 am
USD/JPY Open 89.70 High 90.44 Low 89.35 Close 89.83 Dollar/Yen made a significant bullish movement on Monday. On the 3 hour chart the 90.00 resistance was convincingly broken up, indicating further potential upward correction with possible test...