USDJPY Analysis – Feb 19, 2009

by ForexCycle.com | February 19, 2009 2:35 am
USDJPY’s rebound from 87.12 extends to as high as 93.95 level. Further rise is expected to test 94.61 long term key resistance, a break above this level will indicate that the fall from 110.66 (Aug 15, 2008...

USDJPY Analysis – Feb 14, 2009

by ForexCycle.com | February 14, 2009 3:55 am
USDJPY is in range trading between 87.12 and 94.61. Further rally is expected to test 94.61 previous high resistance in a couple of weeks. Initial support is located at the rising up trend line on daily chart....

USDJPY Analysis – Feb 7, 2009

by ForexCycle.com | February 7, 2009 3:46 am
USDJPY continues the sideways consolidation in a range between 87.12 and 94.61. Further rally to test the previous high resistance at 94.61 would more likely be seen next week, a break above this level will indicate that...

USDJPY Analysis – Feb 1, 2009

by ForexCycle.com | February 1, 2009 2:35 am
USDJPY is in range trading between 87.12 and 94.61. Further rally would more likely be seen next week, and the target would be at 93.00 zone. Key resistance is now at 94.61, a break above this level...

USDJPY Analysis – Jan 24, 2009

by ForexCycle.com | January 24, 2009 7:46 am
After touching 87.13 previous low, USDJPY rebounds sharply to 89.50 area. Deeper decline is still in favor after consolidation. Near term support is at 87.13, a break below this level will indicate that the downtrend from 94.61...

USDJPY Analysis – Jan 17, 2009

by ForexCycle.com | January 17, 2009 3:13 am
USDJPY breaks below 89.72 key support, suggesting that a cycle top has been formed at 94.61 on daily chart. Deeper decline is expected to test 87.13 previous low support. If this level gives way, the next target...

USDJPY Analysis – Jan 10, 2009

by ForexCycle.com | January 10, 2009 11:53 am
USDJPY is forming a cycle top at 94.61 level on daily chart. Key support is located at 89.72, a break below this level will confirm the cycle top, and then the following downtrend will take price back...

USDJPY Analysis – Jan 8, 2009

by ForexCycle.com | January 8, 2009 10:24 am
USDJPY might be forming a cycle top at 94.61 on daily chart. Pullback to test 89.72 key support is expected in next several days. A break below this level will indicate that the rebound from 87.13 has...

USDJPY Analysis – Jan 3, 2009

by ForexCycle.com | January 3, 2009 10:20 am
USDJPY breaks above this falling price channel on daily chart. Further rise is expected to 95.00 zone in next several days. Initial support is located at 89.72, a break below this level will indicate that the rebound...

USDJPY Analysis – Dec 27, 2008

by ForexCycle.com | December 27, 2008 10:44 am
USDJPY is forming a cycle bottom at 87.13 on daily chart. Further rally is still possible to 95.00 zone in a couple of weeks. Initial support is located at 87.13, only fall below this level will signal...