USDJPY Daily Analysis – May 23, 2018

by ForexCycle.com | May 23, 2018 2:53 am
USDJPY broke below the bottom support trend line of the price channel on the 4-hour chart, suggesting that the short term uptrend from 108.64 had completed at 111.39 already. Deeper decline could be expected and next target...

USDJPY Daily Analysis – May 22, 2018

by ForexCycle.com | May 22, 2018 2:39 am
USDJPY remains in the uptrend from 108.64, the fall from 111.39 is likely consolidation for the uptrend. Support is located at the bottom trend line of the price channel on the 4-hour chart. As long as the...

USDJPY Daily Analysis – May 21, 2018

by ForexCycle.com | May 21, 2018 2:15 am
USDJPY extended its upside movement from 104.63 to as high as 111.08. Further rise is still possible in a couple of days and next target would be at 111.50 area. Near term support is at the bottom...

USDJPY Weekly Analysis – May 20, 2018

by ForexCycle.com | May 20, 2018 1:36 pm
USDJPY stays in a rising price channel on the daily chart and remains in the uptrend from 104.63. As long as the price is in the channel, the upside movement could be expected to continue and next...

USDJPY Daily Analysis – May 17, 2018

by ForexCycle.com | May 17, 2018 3:22 am
USDJPY stays in a rising price channel on its 4-hour chart and remains in the uptrend from 104.63. As long as the channel support holds, the upside movement could be expected to continue and next target would...

USDJPY Daily Analysis – May 16, 2018

by ForexCycle.com | May 16, 2018 3:12 am
USDJPY broke above 110.03 resistance and extended its upside movement from 104.63 to as high as 110.45. Further rise could be expected in a couple of days and next target would be at 111.50 area. Key support...

USDJPY Daily Analysis – May 15, 2018

by ForexCycle.com | May 15, 2018 4:02 am
USDJPY stays in a rising price channel on its 4-hour chart and remains in the uptrend from 104.63. As long as the channel support holds, the upside movement could be expected to resume and a breakout of...

USDJPY Weekly Analysis – May 13, 2018

by ForexCycle.com | May 13, 2018 8:28 am
USDJPY remains in the uptrend from 104.63. As long as the price is in the rising channel on the 4-hour chart, the upside movement could be expected to continue and next target would be at 112.00 area....

USDJPY Daily Analysis – May 11, 2018

by ForexCycle.com | May 11, 2018 1:46 am
USDJPY failed in its attempt to breakout of 110.03 and stayed in a trading range between 108.64 and 110.03, suggesting that lengthier consolidation for the uptrend from 104.63 is needed. Near term support is at the bottom...

USDJPY Daily Analysis – May 10, 2018

by ForexCycle.com | May 10, 2018 1:28 am
USDJPY is facing 110.03 resistance, a breakout of this level could signal resumption of the uptrend from 104.63, then next target would be at 111.50 area. Near term support is at the bottom of the price channel...