USDJPY Daily Analysis – August 17, 2018

by ForexCycle.com | August 17, 2018 3:26 am
USDJPY moved sideways 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 aim 112.00...

USDJPY Daily Analysis – August 16, 2018

by ForexCycle.com | August 16, 2018 2:18 am
USDJPY broke below 110.80 support, suggesting that the short term uptrend from 110.10 had completed at 111.43 already. Further decline would likely be seen in the coming days and a breakdown below 110.10 support could take the...

USDJPY Daily Analysis – August 15, 2018

by ForexCycle.com | August 15, 2018 3:18 am
USDJPY broke above the falling trend line on the 4-hour chart, suggesting that the downside movement from 112.15 had completed at 110.10 already. Further rally is possible in a couple of days and next target would be...

USDJPY Daily Analysis – August 14, 2018

by ForexCycle.com | August 14, 2018 1:36 am
USDJPY is facing the resistance of the falling trend line on the 4-hour chart. As long as the trend line resistance holds, the bounce from 110.10 could be treated as consolidation for the downtrend from 112.15, another...

USDJPY Daily Analysis – August 13, 2018

by ForexCycle.com | August 13, 2018 1:59 am
USDJPY extended its downside movement from 112.15 to as low as 110.29. As long as the price is below the falling trend line on the 4-hour chart, the downside movement could be expected to continue and next...

USDJPY Weekly Analysis – August 12, 2018

by ForexCycle.com | August 12, 2018 9:48 am
USDJPY broke below the rising trend line on the daily chart, suggesting that the upside movement from 104.63 to as high as 113.17. Deeper decline would likely be seen in a couple of weeks and next target...

USDJPY Daily Analysis – August 10, 2018

by ForexCycle.com | August 10, 2018 2:34 am
USDJPY stays below a falling trend line on the 4-hour chart and remains in the downtrend from 112.15. Further decline to test 110.58 support is possible and a breakdown below this level would aim 110.00 area. On...

USDJPY Daily Analysis – August 9, 2018

by ForexCycle.com | August 9, 2018 2:50 am
USDJPY extended its downside movement from 112.15 to as low as 110.75. As long as the price is below the falling trend line on the 4-hour chart, the downside movement could be expected to continue and deeper...

USDJPY Daily Analysis – August 8, 2018

by ForexCycle.com | August 8, 2018 2:01 am
USDJPY stays below a falling trend line on its 4-hour chart. As long as the trend line resistance holds, the downside movement could be expected to continue and next target would be at 110.50 area. Only a...

USDJPY Daily Analysis – August 7, 2018

by ForexCycle.com | August 7, 2018 2:00 am
USDJPY is in the short term downtrend from 112.15. As long as the price is below the falling trend line on the 4-hour chart, the downside movement could be expected to continue and next target would be...