USDJPY Analysis – August 1, 2009

by ForexCycle.com | August 1, 2009 5:48 am
USDJPY is moving to the upper border of the falling price channel on daily chart. As the next cycle top is nearing, pullback would more likely be seen before breaking above the top of the price channel....

USDJPY Analysis – July 25, 2009

by ForexCycle.com | July 25, 2009 1:28 am
Being contained by the support of the lower border of the price channel on daily chart, USDJPY rebounds from 91.73 level, and the rise from 91.73 extends to as high as 95.29 level, suggesting that a cycle...

USDJPY Analysis – July 19, 2009

by ForexCycle.com | July 19, 2009 1:21 am
Being contained by the support of the lower border of the price channel on daily chart, USDJPY rebounds from 91.73 level. However, the rise is more likely consolidation of downtrend from 98.88, deeper decline is still possible...

USDJPY Analysis – July 11, 2009

by ForexCycle.com | July 11, 2009 1:02 am
USDJPY is testing the support of the lower border of the falling price channel on daily chart. Consolidation is expected next week. However, the pair remains in downtrend from 98.88, deeper decline is still possible after consolidation...

USDJPY Analysis – July 9, 2009

by ForexCycle.com | July 9, 2009 1:41 am
USDJPY drops below 93.53 long term key support, suggesting that the downtrend from 101.43 has resumed. Deeper decline is now in favor and target would be at 90.50 zone. However, the downtrend could be suspended by the...

USDJPY Analysis – July 4, 2009

by ForexCycle.com | July 4, 2009 3:15 am
USDJPY is forming a sideways consolidation in a range between 93.53 and 101.43. Fall down to re-test 93.53 key support is expected next week. A break below this level will signal deeper decline to 90.00 zone. Near...

USDJPY Analysis – June 27, 2009

by ForexCycle.com | June 27, 2009 1:54 am
USDJPY formed a cycle top at 98.88 level on daily chart. Falling down to re-test 93.53 key support is expected next week. A break below this level will signal deeper decline to 90.00 zone. Near term resistance...

USDJPY Analysis – June 20, 2009

by ForexCycle.com | June 20, 2009 1:46 am
USDJPY has formed a cycle top at 98.88 level on daily chart. Moving lower to test 93.85 support is expected, a break down below this level will signal deeper decline to 90.00 zone. Near term resistance is...

USDJPY Analysis – June 13, 2009

by ForexCycle.com | June 13, 2009 3:06 am
USDJPY might be forming a cycle top at 98.88 level on daily chart. Pullback towards 95.00 is possible in next several days. However, above 98.88 will indicate that the uptrend from 93.85 has resumed, and further rally...

USDJPY Analysis – June 10, 2009

by ForexCycle.com | June 10, 2009 2:28 am
USDJPY might be forming a cycle top at 98.88 level on daily chart. Deeper decline would more likely be seen in next several days. Near term resistance is located at 98.88, a break above this level will...