Elliott Wave Analysis: USDJPY Extending Higher As Impulse

by elliottwave-forecast.com | July 13, 2018 2:47 pm
USDJPY short-term Elliott Wave view suggests that the rally to 111.13 high ended Minute wave ((i)). Down from there, the pullback to 110.24 low ended Minute wave ((ii)). The internals of that pullback unfolded as a Flat Elliott...

USDJPY Daily Analysis – July 13, 2018

by ForexCycle.com | July 13, 2018 12:56 am
USDJPY’s bullish movement from 109.36 extended to as high as 112.71. Support is now at 111.90, as long as this level holds, the upside movement could be expected to continue and next target would be at 113.00...

USDJPY Daily Analysis – July 12, 2018

by ForexCycle.com | July 12, 2018 3:43 am
USDJPY extended its upside movement from 109.36 extended to as high as 112.38. Further rise could be expected after a minor consolidation and next target would be at 113.00 area. Support is at 111.50, only a breakdown...

USDJPY Daily Analysis – July 11, 2018

by ForexCycle.com | July 11, 2018 2:33 am
USDJPY remains in the uptrend from 109.36, the fall from 111.35 is likely consolidation for the uptrend. Another rise could be expected after the consolidation and next target would be at 111.50 area. The key support is...

USDJPY Daily Analysis – July 10, 2018

by ForexCycle.com | July 10, 2018 2:47 am
USDJPY failed to break below 110.27 support and is now facing 111.13 resistance. A breakout of this level would indicate that the upside movement from 109.36 has resumed, then further rise towards 111.50 could be seen. Key...

USDJPY Daily Analysis – July 9, 2018

by ForexCycle.com | July 9, 2018 3:34 am
USDJPY is facing 110.27 support, a breakdown below this level could signal resumption of the downtrend from 111.13, then next target would be at 109.70 area. Resistance levels are at 110.80 and 111.13, only break above these...

USDJPY Weekly Analysis – July 8, 2018

by ForexCycle.com | July 8, 2018 3:52 am
USDJPY is testing 111.39 resistance. A break of this level would suggest that the upside movement from 104.63 has resumed, then further rise to 113.00 area could be seen. Key support is at 108.11, a breakdown below...

USDJPY Daily Analysis – July 6, 2018

by ForexCycle.com | July 5, 2018 10:20 pm
No changed in our view, USDJPY remains in the downtrend from 111.13, the bounce from 110.27 could be treated as consolidation for the downtrend. Another fall could be expected after the consolidation and a breakdown below 110.27...

USDJPY Daily Analysis – July 5, 2018

by ForexCycle.com | July 5, 2018 12:30 am
USDJPY is now in the downtrend from 111.13, the bounce from 110.27 is likely consolidation for the downtrend. Further decline could be expected after the consolidation and a breakdown below 110.27 support could trigger another fall towards...

USDJPY Daily Analysis – July 4, 2018

by ForexCycle.com | July 4, 2018 2:15 am
USDJPY broke below 110.35 support, suggesting that the upside movement from 109.36 had completed at 111.13 already. Further decline could be expected in the coming days and next target would be at 109.50 area. Resistance is at...