USDJPY Analysis. Jan 23, 2008

by ForexCycle.com | January 22, 2008 8:47 pm
USDJPY’s down trend remains. The fall from 114.77 extended to as low as 105.60, and further fall towards 105.00 area to reach the next cycle bottom on daily chart is still possible after consolidation. Near term resistance...

USDJPY Analysis. Jan 20, 2008

by ForexCycle.com | January 19, 2008 7:13 pm
USDJPY fell below 107.21 previous low and down trend resumed. Further fall towards 105.00 area is still possible next week. Near term resistance is at 110.10, as long as this resistance holds, down trend will continue.

USDJPY Analysis. Jan 16, 2008

by ForexCycle.com | January 15, 2008 7:35 pm
USDJPY fell below 107.21 previous low and reached as low as 106.57. Further fall towards 105.00 area is expected. Near term resistance is at 110.10, as long as this resistance holds, down trend will continue.

USDJPY Analysis. Jan 13, 2008

by ForexCycle.com | January 13, 2008 3:17 am
USDJPY might be forming a cycle bottom at 107.89 level on daily chart. Rebound towards 112.00 area is expected next week. Key support is at 107.21, only fall below this level will signal the resumption of the...

USDJPY Analysis. Jan 9, 2008

by ForexCycle.com | January 8, 2008 8:09 pm
Being supported by the previous low at 107.21, USDJPY rebounded from 107.89. Sideways consolidation is expected in the next several days, and further rise towards 114.00 will more likely be seen after consolidation. On the other side,...

USDJPY Analysis, Jan 5, 2008

by ForexCycle.com | January 5, 2008 5:18 am
USDJPY is testing the previous low support at 107.21, and will find support at 105.00 area if 107.21 level gives way. Consolidation will more likely be seen before breaking below 107.21 level, and as long as this...