USDJPY Daily Analysis – December 14, 2018

by ForexCycle.com | December 14, 2018 4:43 am
USDJPY stays in a rising price channel on the 4-hour chart and remains in the uptrend from 112.23. As long as the channel support holds, the upside movement could be expected to continue and next target would...

USDJPY Daily Analysis – December 13, 2018

by ForexCycle.com | December 13, 2018 1:48 am
USDJPY remains in the uptrend from 112.23, further rise could be expected after a minor consolidation and next target would be at 114.00 area. Near terms support is at 113.00, a breakdown below this level could bring...

USDJPY Daily Analysis – December 12, 2018

by ForexCycle.com | December 12, 2018 2:01 am
USDJPY extended its upside movement from 112.23 to as high as 113.51. Further rise is still possible and next target would be at 114.00 area. Near term support is at 113.00, below this level could bring the...

USDJPY Daily Analysis – December 11, 2018

by ForexCycle.com | December 11, 2018 4:34 am
USDJPY broke above the falling price channel on the 4-hour chart, suggesting that the downside movement from 114.03 had completed at 112.23 already. Further rise would likely be seen and next target would be at 114.00 area....

USDJPY Daily Analysis – December 10, 2018

by ForexCycle.com | December 10, 2018 3:15 am
USDJPY stays in a falling price channel on the 4-hour chart and remains in the downtrend from 114.03. As long as the channel resistance holds, the downside movement could be expected to continue and next target would...

USDJPY Weekly Analysis – December 9, 2018

by ForexCycle.com | December 9, 2018 12:28 am
USDJPY moved sideways in a trading range between 111.37 and 114.54 for several weeks. As long as the price is in the rising price channel on the daily chart, the sideways movement could be treated as consolidation...

USDJPY Daily Analysis – December 7, 2018

by ForexCycle.com | December 7, 2018 2:27 am
USDJPY extended its downside movement from 114.03 to as low as 112.23. As long as the price is in the falling price channel on the 4-hour chart, the downside movement could be expected to continue and next...

USDJPY Daily Analysis – December 6, 2018

by ForexCycle.com | December 6, 2018 3:42 am
USDJPY stays in a falling price channel on the 4-hour chart and remains in the downtrend from 114.03. As long as the channel resistance holds, the bounce from 112.57 could be treated as consolidation for the downtrend...

Elliott Wave Analysis: Further Weakness Expected in USDJPY

by elliottwave-forecast.com | December 5, 2018 4:30 pm
Short term Elliott Wave view in USDJPY suggests that cycle from 11/12 peak (114.21) remains in progress as a double three Elliott Wave structure. Down from 114.21, Minute wave ((w)) ended at 112.27 and Minute wave ((x))...

USDJPY Daily Analysis – December 5, 2018

by ForexCycle.com | December 5, 2018 3:37 am
USDJPY broke below 113.19 support and extended its downside movement from 114.03 to as low as 112.57. Further decline is still possible and next target would be at 112.00 area. Resistance is at 113.20, as long as...