USDJPY Daily Analysis – October 19, 2018

by ForexCycle.com | October 19, 2018 2:47 am
USDJPY remains in the uptrend from 111.62, the fall from 112.72 is likely correction for the uptrend. Another rise could be expected after the correction and a breakout of 112.72 resistance could take the price to next...

USDJPY Daily Analysis – October 18, 2018

by ForexCycle.com | October 18, 2018 3:23 am
USDJPY’s bounce from 111.62 extended to as high as 112.72. Further rise could be expected and next target would be at 113.50 area. Support is at the rising trend line on the 4-hour chart, only a breakdown...

USDJPY Daily Analysis – October 17, 2018

by ForexCycle.com | October 17, 2018 5:22 am
USDJPY broke above the bearish trend line on the 4-hour chart, suggesting that the downside movement from 114.54 had completed at 111.62 already. Further rally is still possible in a couple of days and next target would...

USDJPY Daily Analysis – October 16, 2018

by ForexCycle.com | October 16, 2018 3:03 am
USDJPY extended its downside movement from 114.54 to as low as 111.62. As long as the price is below the bearish trend line on the 4-hour chart, the downside movement could be expected to continue and next...

USDJPY Daily Analysis – October 15, 2018

by ForexCycle.com | October 15, 2018 2:44 am
USDJPY stays below a bearish trend line on the 4-hour chart and remains in the downtrend from 114.54. As long as the trend line resistance holds, the downside movement could be expected to continue and next target...

USDJPY Weekly Analysis – October 14, 2018

by ForexCycle.com | October 14, 2018 2:53 am
USDJPY broke below the bottom of the price channel on the daily chart, suggesting that the short term uptrend from 109.77 had completed at 114.54 already. Further decline could be expected and next target would be at...

USDJPY Daily Analysis – October 11, 2018

by ForexCycle.com | October 11, 2018 2:11 am
USDJPY extended its downside movement from 114.54 to as low as 112.05. Further decline is still possible after a minor consolidation and next target would be at 111.50 area. Near term resistance is at 112.40, a break...

USDJPY Daily Analysis – October 10, 2018

by ForexCycle.com | October 10, 2018 2:48 am
USDJPY remains in the downtrend from 114.54, the bounce from 112.82 is likely consolidation for the downtrend. Further decline is possible after the consolidation and next target would be at 112.00 area. Resistance levels are at 113.40...

USDJPY Daily Analysis – October 9, 2018

by ForexCycle.com | October 9, 2018 2:54 am
USDJPY broke below the bullish trend line on the 4-hour chart, suggesting that the upside movement from 110.38 had completed at 114.54 already. Further decline could be expected and next target would be at 112.00 area. Resistance...

USDJPY Daily Analysis – October 8, 2018

by ForexCycle.com | October 8, 2018 1:02 am
USDJPY stays above a bullish trend line on the 4-hour chart and remains in the uptrend from 110.38. As long as the trend line support holds, the fall from 114.54 could be treated as consolidation for the...