USDJPY Daily Analysis – May 9, 2018

by ForexCycle.com | May 9, 2018 2:13 am
USDJPY failed to break below the bottom support trend line of the price channel on the 4-hour chart, suggesting that the pair remains in the uptrend from 104.63. Further rise could be expected and a breakout of...

USDJPY Daily Analysis – May 8, 2018

by ForexCycle.com | May 8, 2018 4:13 am
USDJPY stays in a bullish price channel on its 4-hour chart and remains in the uptrend from 104.63. As long as the channel support holds, the fall from 110.03 could be treated as consolidation for the uptrend...

USDJPY Daily Analysis – May 7, 2018

by ForexCycle.com | May 7, 2018 2:59 am
USDJPY is in consolidation for the uptrend from 104.63. Range trading between 108.00 and 110.03 would likely be seen over the next several days. As long as 108.00 support holds, the uptrend could be expected to resume...

USDJPY Weekly Analysis – May 6, 2018

by ForexCycle.com | May 6, 2018 8:14 am
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 pullback from 110.03 could be treated as consolidation for...

USDJPY Daily Analysis – May 4, 2018

by ForexCycle.com | May 4, 2018 2:47 am
USDJPY broke below 108.95 support, suggesting that consolidation for the uptrend from 104.63 is underway. Range trading between 108.00 and 110.03 would likely be seen over the next several days. However, as long as 108.00 support holds,...

USDJPY Daily Analysis – May 3, 2018

by ForexCycle.com | May 3, 2018 3:43 am
USDJPY extended its upside movement from 104.63 to as high as 110.03. Further rise is still possible after a minor consolidation and next target would be at 111.00 area. Key support is at 108.95, only a breakdown...

USDJPY Daily Analysis – May 2, 2018

by ForexCycle.com | May 2, 2018 2:05 am
USDJPY broke above 109.53 resistance and extended its upside movement from 104.63 to as high as 109.91. Key support is now at 108.95. As long as this level holds, the upside movement could be expected to continue...

NZDJPY Elliott Wave View: Impulse Sequence In Progress

by elliottwave-forecast.com | May 1, 2018 3:00 pm
NZDJPY Elliott Wave view in short-term cycles suggests that the bounce to 79.62 high ended Intermediate wave (X). Down from there, Intermediate wave (Y) remains in progress as a Zigzag Elliott Wave structure in which the first leg of...

USDJPY Daily Analysis – May 1, 2018

by ForexCycle.com | May 1, 2018 2:01 am
USDJPY’s upside movement from 104.63 extended to as high as 109.53. Further rise is still possible after a minor consolidation and next target would be at 110.50 area. Support levels are at 108.95 and 108.54, only break...

USDJPY Weekly Analysis – April 29, 2018

by ForexCycle.com | April 29, 2018 9:12 am
USDJPY broke above 107.90 resistance and extended its upside movement from 104.63 to as high as 109.53, suggesting that the downtrend from 114.73 is complete. Further rise could be expected after a minor consolidation and next target...