USDJPY Daily Analysis – July 3, 2018

by ForexCycle.com | July 3, 2018 2:31 am
USDJPY continued its upside movement from 109.36 to as high as 111.13. Further rise is still possible and next target would be at 111.50 area. Support is at 110.35, only a breakdown below this level could signal...

USDJPY Daily Analysis – July 2, 2018

by ForexCycle.com | July 2, 2018 3:41 am
USDJPY extended its upside movement from 109.36 to as high as 111.06, breaking above 110.90 resistance. Further rise is still possible and next target would be at 111.50 area. Support is now at 110.35, only a breakdown...

USDJPY Weekly Analysis – July 1, 2018

by ForexCycle.com | July 1, 2018 8:25 am
USDJPY is facing 111.39 resistance. A breakout of this level could signal resumption of the uptrend from 104.63, then next target would be at 113.00 area. On the downside, a breakdown below 108.11 support would indicate that...

USDJPY Daily Analysis – June 29, 2018

by ForexCycle.com | June 29, 2018 2:12 am
USDJPY broke above the top trend line of the price channel on the 4-hour chart, suggesting that the uptrend from 108.11 has resumed. Further rise could be expected and next target would be at 111.00 area. Support...

USDJPY Daily Analysis – June 28, 2018

by ForexCycle.com | June 28, 2018 3:02 am
USDJPY stays below a falling price channel on the 4-hour chart and remains in the downtrend from 110.90. As long as the channel resistance holds, the downside movement could be expected to resume and another fall towards...

Nikkei How Far Elliott Wave Correction Can Take Place?

by elliottwave-forecast.com | June 27, 2018 2:52 pm
Nikkei short-term Elliott Wave view suggests that the index is correcting the cycle from 3/23/2018 low (20190) in 3, 7 or 11 swings. Rally to 23005 high ended Minor wave X of a possible double correction lower. Down from there, Minor...

USDJPY Daily Analysis – June 27, 2018

by ForexCycle.com | June 27, 2018 2:15 am
USDJPY remains in the downtrend from 110.90, the bounce from 109.36 is likely consolidation for the downtrend. A breakdown below 109.36 support could trigger another fall towards 108.50. Resistance is at 110.20, only break above this level...

USDJPY Daily Analysis – June 26, 2018

by ForexCycle.com | June 26, 2018 3:04 am
USDJPY is now in the downtrend from 110.90. Further decline would likely be seen and next target would be at 108.50 area. Resistance is at 110.10, only break above this level could trigger another rise towards 111.00.

USDJPY Daily Analysis – June 25, 2018

by ForexCycle.com | June 25, 2018 3:23 am
USDJPY broke below 109.55 support, indicating that the upside movement from 108.11 had completed at 110.90 already. Further decline could be expected in the coming days and next target would be at 108.50 area. Resistance is at...

USDJPY Weekly Analysis – June 24, 2018

by ForexCycle.com | June 24, 2018 6:48 am
USDJPY continued its sideways movement in a trading range between 108.11 and 111.39. Near term resistance is at 111.39, a breakout of this level could take the price to 113.00 area. Key support is at 108.11, a...