USDJPY Daily Analysis – March 22, 2019

by ForexCycle.com | March 22, 2019 3:17 am
USDJPY remains in the downtrend from 112.13. Further decline could be expected after a minor consolidation and a breakdown below 110.29 support could trigger further downside movement to 109.50 area. Resistance is at 111.20, only break above...

USDJPY Daily Analysis – March 21, 2019

by ForexCycle.com | March 21, 2019 1:50 am
USDJPY broke below the lower border of the triangle pattern on the 4-hour chart. Deeper decline could be expected in the coming days and next target would be at 109.50 area. Resistance is at 111.20, as long...

USDJPY Daily Analysis – March 20, 2019

by ForexCycle.com | March 20, 2019 2:53 am
USDJPY is forming a triangle pattern on the 4-hour chart. The triangle pattern is likely consolidation for the uptrend from 105.05 (Jan 3 low), a breakout of the upper border of the pattern could trigger further upside...

USDJPY Daily Analysis – March 19, 2019

by ForexCycle.com | March 19, 2019 12:57 am
USDJPY broke below the bottom support trend line of the price channel on the 4-hour chart, suggesting that the short term uptrend from 110.77 had completed at 111.90 already. Deeper decline to test 110.77 support is possible...

USDJPY Daily Analysis – March 18, 2019

by ForexCycle.com | March 18, 2019 12:26 am
USDJPY stays in a rising price channel on the 4-hour chart and remains in the uptrend from 110.77. As long as the price is in the channel, the upside movement could be expected to continue and next...

USDJPY Weekly Analysis – March 16, 2019

by ForexCycle.com | March 16, 2019 8:44 am
USDJPY remains in the uptrend from 105.05. As long as the price is in the bullish price channel on the daily chart, the upside movement could be expected to continue and next target would be at 113.50...

USDJPY Daily Analysis – March 15, 2019

by ForexCycle.com | March 15, 2019 1:03 am
USDJPY stays above a rising trend line on the 4-hour chart and remains in the uptrend from 110.77. Further rise could be expected and next target would be at 112.50 area. Near term support is at 111.50,...

USDJPY Daily Analysis – March 14, 2019

by ForexCycle.com | March 14, 2019 6:07 am
USDJPY extended is upside movement from 110.77 to as high as 111.62. Further rise is still possible in the coming days and next target would be at 112.00 area. Support is at the bullish trend line on...

USDJPY Daily Analysis – March 13, 2019

by ForexCycle.com | March 13, 2019 5:29 am
USDJPY is in consolidation for the downtrend from 112.13. Range trading between 110.77 and 111.60 would likely be seen in a couple of days. Resistance is at 111.60, as long as this level holds, the downside movement...

USDJPY Daily Analysis – March 12, 2019

by ForexCycle.com | March 12, 2019 2:46 am
USDJPY remains in the downtrend from 112.13, the bounce from 110.77 is likely correction for the downtrend. Another fall could be expected after the correction and next target would be at 110.00 area. Resistance is at 111.75,...