USDJPY Daily Analysis – June 25, 2019

by ForexCycle.com | June 25, 2019 3:37 am
USDJPY broke below 107.04 support, suggesting that the downtrend from 108.80 has resumed. Further decline could be expected in the coming days and next target would be at 106.50 area. Key resistance is at 107.73, only break...

USDJPY Daily Analysis – June 24, 2019

by ForexCycle.com | June 24, 2019 4:43 am
USDJPY’s downside movement from 108.80 extended to as low as 107.04. Deeper decline is still possible after consolidation and next target would be at 106.50 area. Resistance is at 107.73, a break of this level would indicate...

USDJPY Weekly Analysis – June 23, 2019

by ForexCycle.com | June 23, 2019 2:28 pm
USDJPY stays below a falling trend line on the daily chart and remains in the downtrend from 112.40. As long as the trend line resistance holds, the downtrend could be expected to continue and next target would...

USDJPY Daily Analysis – June 21, 2019

by ForexCycle.com | June 21, 2019 3:16 am
USDJPY extended its downside movement from 108.80 to as low as 107.12. Further decline is still possible after a minor consolidation and next target would be at 106.50 area. Resistance is at 107.50, a break of this...

USDJPY Daily Analysis – June 20, 2019

by ForexCycle.com | June 20, 2019 4:35 am
USDJPY broke below 107.81 support, suggesting that the downside movement from 112.40 (Apr 24 high) has resumed. Further decline could be expected and next target would be at 107.00 area. Resistance is at 108.00, only break above...

USDJPY Daily Analysis – June 19, 2019

by ForexCycle.com | June 19, 2019 2:44 am
USDJPY stays in a trading range between 107.81 and 108.80. As long as 108.80 resistance holds, the price action in the range could be treated as consolidation for the downtrend from 112.40 (Apr 24 high), further decline...

USDJPY Daily Analysis – June 18, 2019

by ForexCycle.com | June 18, 2019 3:45 am
USDJPY is in consolidation for the downtrend from 112.40 (Apr 24 high). Range trading between 107.81 and 108.80 would likely be seen over the next several days. As long as 108.80 resistance holds, the downtrend could be...

USDJPY Daily Analysis – June 17, 2019

by ForexCycle.com | June 17, 2019 5:28 am
USDJPY continued its sideways movement in a trading range between 107.81 and 108.80. As long as 108.80 resistance holds, the sideways movement could be treated as consolidation for the downtrend from 112.40 (Apr 24 high), further decline...

USDJPY Weekly Analysis – June 16, 2019

by ForexCycle.com | June 16, 2019 6:11 am
USDJPY remains in the downtrend from 112.40, the bounce from 107.81 could be treated as consolidation for the downtrend. As long as the price is below the falling trend line on the daily chart, the downside movement...

USDJPY Daily Analysis – June 14, 2019

by ForexCycle.com | June 14, 2019 3:33 am
USDJPY moved sideways in a trading range between 107.81 and 108.80. The sideways movement is likely consolidation for the downtrend from 112.40 (Apr 24 high). Further decline could be expected after the consolidation and next target would...