USDJPY Daily Analysis – May 8, 2019

by ForexCycle.com | May 8, 2019 2:57 am
USDJPY extended its downside movement from 112.40 to as low as 109.96. Further decline is still possible in a couple of days and next target would be at 109.50 area. Near term resistance is at 110.95, a...

USDJPY Daily Analysis – May 7, 2019

by ForexCycle.com | May 7, 2019 4:26 am
USDJPY stays below a bearish trend line on the 4-hour chart and remains in the downtrend from 112.40. As long as the trend line resistance holds, the bounce from 110.28 could be treated as consolidation for the...

USDJPY Daily Analysis – May 6, 2019

by ForexCycle.com | May 6, 2019 4:38 am
USDJPY extended its downside movement from 112.40 to as low as 110.28. Further decline is still possible after a minor consolidation and next target would be at 109.50 area. Near term resistance is at 110.90, a break...

USDJPY Weekly Analysis – May 4, 2019

by ForexCycle.com | May 4, 2019 1:09 pm
USDJPY remains in the uptrend from 105.05. As long as the price is above the rising trend line on the daily chart, the pullback from 112.40 could be treated as consolidation for the uptrend, further rise to...

USDJPY Daily Analysis – May 3, 2019

by ForexCycle.com | May 3, 2019 2:13 am
USDJPY broke below the price channel on the 4-hour chart, suggesting that the uptrend from 109.70 had completed at 112.40 already. Further decline could be expected and next target would be at 110.50 area. Resistance is at...

USDJPY Daily Analysis – May 1, 2019

by ForexCycle.com | May 1, 2019 3:38 am
USDJPY is testing the support of the price channel on the 4-hour chart. As long as the channel support holds, the fall from 112.40 could be treated as consolidation for the uptrend from 109.70, another rise towards...

USDJPY Daily Analysis – April 30, 2019

by ForexCycle.com | April 30, 2019 2:50 am
USDJPY stays in a rising price channel on the 4-hour chart and remains in the uptrend from 109.70. As long as the channel support holds, the pullback from 112.40 could be treated as consolidation for the uptrend,...

USDJPY Daily Analysis – April 29, 2019

by ForexCycle.com | April 29, 2019 3:55 am
USDJPY is facing the support of the price channel on the 4-hour chart. As long as the channel support holds, the pullback from 112.40 could be treated as consolidation for the uptrend from 109.70, another rise towards...

USDJPY Weekly Analysis – April 28, 2019

by ForexCycle.com | April 28, 2019 1:04 pm
USDJPY stays above a rising trend line on the daily chart and remains in the uptrend from 105.05. As long as the trend line support holds, the upside movement could be expected to continue and next target...

USDJPY Daily Analysis – April 26, 2019

by ForexCycle.com | April 25, 2019 10:23 pm
USDJPY broke below 111.65 support, suggesting that consolidation for the uptrend from 109.70 is underway. Deeper decline is still possible and next target would be at the bottom of the price channel on the 4-hour chart. As...