USDJPY Daily Analysis – August 30, 2018

by ForexCycle.com | August 30, 2018 3:00 am
USDJPY extended its upside movement from 109.77 to as high as 111.82. Near term support is at the bullish trend line on the 4-hour chart. As long as the trend line support holds, the uptrend could be...

USDJPY Daily Analysis – August 28, 2018

by ForexCycle.com | August 28, 2018 2:14 am
USDJPY remains in the uptrend from 109.77, the fall from 111.48 is likely consolidation for the uptrend. Further rise is still possible after the consolidation and next target would be at 112.50 area. Support is at 110.80,...

USDJPY Daily Analysis – August 27, 2018

by ForexCycle.com | August 27, 2018 1:56 am
USDJPY broke above the falling trend line on the 4-hour chart, suggesting that the downside movement from 112.15 had completed at 109.77 already. Further rally is still possible in a couple of days and next target would...

USDJPY Weekly Analysis – August 26, 2018

by ForexCycle.com | August 26, 2018 5:57 am
USDJPY stays in a falling price channel on the daily chart and remains in the downtrend from 113.17. As long as the channel resistance holds, the bounce from 109.77 could be treated as consolidation for the downtrend...

USDJPY Daily Analysis – August 24, 2018

by ForexCycle.com | August 24, 2018 4:04 am
USDJPY’s upside movement from 109.77 extended to as high as 110.46, breaking above the falling trend line on the 4-hour chart. Further rally would likely be seen in a couple of days and next target would be...

USDJPY Daily Analysis – August 23, 2018

by ForexCycle.com | August 23, 2018 2:26 am
USDJPY is facing the falling trend line on the 4-hour chart. As long as the trend line resistance holds, the bounce from 109.77 could be treated as consolidation for the downtrend from 112.15 and another fall towards...

USDJPY Daily Analysis – August 22, 2018

by ForexCycle.com | August 22, 2018 4:41 am
USDJPY stays below a falling trend line on the 4-hour chart and remains in the downtrend from 112.15. As long as the trend line resistance holds, the downtrend could be expected to continue and next target would...

USDJPY Daily Analysis – August 21, 2018

by ForexCycle.com | August 21, 2018 1:59 am
USDJPY broke below 110.10 support and extended its downside movement from 112.15 to as low as 109.77. Further decline is still possible in a couple of days and next target would be at 109.00 area. Near term...

USDJPY Daily Analysis – August 20, 2018

by ForexCycle.com | August 20, 2018 3:57 am
USDJPY continued its sideways movement in a trading range between 110.10 and 111.43. Support is at 110.10, a breakdown below this level could take the price to 109.00 area. Resistance is at 111.43, above this level would...

USDJPY Weekly Analysis – August 19, 2018

by ForexCycle.com | August 19, 2018 2:27 am
USDJPY broke below the falling trend line on the daily chart and is now in the downtrend from 113.17. Further decline could be expected in a couple of days and next target would be at 108.00 area....