USDJPY Daily Analysis – August 6, 2018

by ForexCycle.com | August 6, 2018 2:13 am
USDJPY broke below the bottom support trend line of the rising price channel on the 4-hour chart, suggesting that the short term uptrend from 110.58 had completed at 112.15 already. Another fall would likely be seen in...

USDJPY Weekly Analysis – August 5, 2018

by ForexCycle.com | August 5, 2018 6:27 am
USDJPY stays above a rising trend line on the daily chart and remains in the uptrend from 104.63. As long as the trend line support holds, the upside movement could be expected to continue and next target...

USDJPY Daily Analysis – August 3, 2018

by ForexCycle.com | August 3, 2018 2:19 am
USDJPY stays in a rising price channel on the 4-hour chart and remains in the uptrend from 110.58. As long as the channel support holds, the uptrend could be expected to continue and next target would be...

USDJPY Daily Analysis – August 2, 2018

by ForexCycle.com | August 2, 2018 3:51 am
USDJPY’s upside movement from 110.58 extended to as high as 112.15. Further rise is still possible and next target would be at 112.40 area. Support is at 111.25, only break below this level could bring the price...

USDJPY Daily Analysis – August 1, 2018

by ForexCycle.com | August 1, 2018 3:56 am
USDJPY broke above 111.54 resistance, suggesting that the downside movement from 113.17 had completed at 110.58 already. Further rally is still possible and next target would be at 112.40 area. Support is at 111.25, only break below...

USDJPY Daily Analysis – July 31, 2018

by ForexCycle.com | July 31, 2018 1:02 am
USDJPY continued its sideways movement in a trading range between 110.58 and 111.54. Resistance is at 111.54, as long as this level holds, the sideways movement could be treated as consolidation for the downtrend from 113.17 and...

USDJPY Daily Analysis – July 30, 2018

by ForexCycle.com | July 30, 2018 1:54 am
USDJPY moved sideways in a trading range between 110.58 and 111.54. As long as 111.54 resistance holds, the sideways movement could be treated as consolidation for the downtrend from 113.17 and a breakdown below 110.58 support could...

USDJPY Weekly Analysis – July 29, 2018

by ForexCycle.com | July 29, 2018 7:42 am
USDJPY is facing the support of the rising trend line on the daily chart. As long as the price is above the trend line, the pullback from 113.17 could be treated as consolidation for the uptrend and...

USDJPY Daily Analysis – July 27, 2018

by ForexCycle.com | July 27, 2018 12:33 am
USDJPY broke above 111.20 resistance, suggesting that lengthier consolidation for the downtrend from 113.17 is needed. Further rally is possible and the target would be at 111.90 area. Support is at 110.58, only a breakdown below this...

USDJPY Daily Analysis – July 26, 2018

by ForexCycle.com | July 26, 2018 1:09 am
USDJPY broke below 110.75 support, suggesting that the downtrend from 113.17 has resumed. Further decline would likely be seen in the coming days and next target would be at 109.00 area. Resistance is at 111.20, only break...