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...

USDJPY Analysis – Dec 20, 2008

by ForexCycle.com | December 20, 2008 11:55 am
USDJPY remains in down trend. Deeper decline is still possible to 86.00 zone next week. Initial resistance is at the upper border of the price channel, as long as the channel resistance holds, we’d expect down trend...

USDJPY Analysis – Dec 13, 2008

by ForexCycle.com | December 13, 2008 11:59 am
USDJPY breaks below 90.92 previous low support and reaches as low as 88.53 level. Further fall is still possible to 87.00 zone. Initial resistance is now located at 93.90, only rise above this level will indicate that...

USDJPY Analysis – Dec 6, 2008

by ForexCycle.com | December 6, 2008 10:36 pm
USDJPY is testing 90.92 previous low support. Rebound would more likely be seen before breaking below this level. Initial resistance is at 95.00 and key resistance is located at 97.43 level. A break above the key resistance...

USDJPY Analysis – Nov 30, 2008

by ForexCycle.com | November 30, 2008 11:28 am
USDJPY might be in up trend, and the fall from 100.54 is treated as correction to up trend. As long as 90.92 previous low support holds, we’d expect up trend to resume, and a break of 97.43...

USDJPY Analysis – Nov 22, 2008

by ForexCycle.com | November 22, 2008 9:12 pm
USDJPY trades in range between 90.92 and 100.54. The rise from 90.92 is now treated as resumption of up trend. Rise to test 100.54 is still in favor next week. A break of this level will confirm...

USDJPY Analysis – Nov 15, 2008

by ForexCycle.com | November 15, 2008 11:36 am
USDJPY formed a cycle bottom at 90.92 on daily chart. Further rise is expected to test 100.54 next week. A break above this level will signal further rally towards 108.00 zone. Initial support is at 94.47 and...

USDJPY Analysis – Nov 8, 2008

by ForexCycle.com | November 8, 2008 10:13 pm
USDJPY formed a cycle bottom at 90.92 on daily chart. Further rise to test 103.06 resistance could be seen next week. A break above this level will signal further rally towards 108.00 zone. Initial support is at...