USDJPY Daily Analysis – January 10, 2019

by ForexCycle.com | January 10, 2019 2:14 am
After touching the bearish trend line on the 4-hour chart, USDJPY pulled back from 109.08, suggesting that the pair remains in the downtrend from 1113.70. Further decline could be expected in a couple of days and next...

USDJPY : Will Bearish Pattern Trigger More Sells?

by elliottwave-forecast.com | January 9, 2019 9:00 pm
USDJPY Technical Analysis January 8/2019 USDJPY remains bearish as long as the October 4/2018 high remains untouched. On the Daily chart there is a clear visible bearish pattern that can be seen. The blue bearish pattern triggers...

USDJPY Daily Analysis – January 9, 2019

by ForexCycle.com | January 9, 2019 1:45 am
USDJPY is testing the resistance of the falling trend line on the 4-hour chart. As long as the trend line resistance holds, the bounce from 105.05 would possibly be consolidation for the downtrend from 113.70, another fall...

USDJPY Daily Analysis – January 8, 2019

by ForexCycle.com | January 8, 2019 3:51 am
USDJPY is facing the resistance of the bearish trend line on the 4-hour chart, a clear break above the trend line resistance would indicate that the downside movement from 113.70 had completed at 105.05 already, then further...

USDJPY Daily Analysis – January 7, 2019

by ForexCycle.com | January 7, 2019 2:07 am
USDJPY extended its upside movement from 105.05 to as high as 108.62. Further rise towards the bearish trend line on the 4-hour chart is possible in the coming days. As long as the trend line resistance holds,...

USDJPY Weekly Analysis – January 5, 2019

by ForexCycle.com | January 5, 2019 2:13 pm
USDJPY’s downside movement from 114.54 had completed at 105.05. Range treading between 106.00 and 110.50 would likely be seen in the coming days. As long as 110.50 resistance holds, the downtrend could be expected to resume, and...

USDJPY Daily Analysis – January 4, 2019

by ForexCycle.com | January 4, 2019 2:37 am
USDJPY remains in the downtrend from 113.70. As long as the price is below the falling trend line on the 4-hour chart, the bounce from 105.05 could be treated as consolidation for the downtrend, and another fall...

USDJPY Daily Analysis – January 3, 2019

by ForexCycle.com | January 3, 2019 3:07 am
USDJPY stays below a falling trend line on its 4-hour chart and remains in the downtrend from 113.70. As long as the trend line resistance holds, the downside movement could be expected to continue and next target...

USDJPY Daily Analysis – December 31, 2018

by ForexCycle.com | December 31, 2018 2:54 am
USDJPY broke below 110.26 support, suggesting that the downtrend from 113.70 has resumed. Further decline could be expected in the coming days and next target would be at 109.00 area. Key resistance is now at 111.45, only...

USDJPY Weekly Analysis – December 30, 2018

by ForexCycle.com | December 30, 2018 6:38 am
USDJPY extended its downside movement from 114.54 to as low as 110.14. Further decline is still possible and next target would be at 108.00 area. Near term resistance is at 111.50, above this level could bring the...