USDJPY Daily Analysis – April 27, 2018

by ForexCycle.com | April 27, 2018 12:57 am
USDJPY remains in the uptrend from 106.88, the fall from 109.47 is likely consolidation of the uptrend. Key support is at 108.54, as long as this level holds, the uptrend could be expected to continue and next...

USDJPY Daily Analysis – April 26, 2018

by ForexCycle.com | April 26, 2018 3:07 am
USDJPY extended its upside movement from 106.88 to as high as 109.47. Further rise is still possible after a minor consolidation and next target would be at 110.50 area. Key support is now at 108.54, only a...

USDJPY Daily Analysis – April 25, 2018

by ForexCycle.com | April 25, 2018 2:46 am
USDJPY remains in the uptrend from 106.88, the pullback from 109.20 is likely consolidation for the uptrend. Another rise could be expected after the consolidation and a breakout of 109.20 resistance could take the price to 110.50...

USDJPY Daily Analysis – April 23, 2018

by ForexCycle.com | April 23, 2018 2:52 am
USDJPY is facing 107.90 resistance again. A breakout of this level could trigger further upside movement towards 109.00. The key support is now at 106.88, only a breakdown below this level would suggest that the upside movement...

USDJPY Weekly Analysis – April 22, 2018

by ForexCycle.com | April 22, 2018 8:54 am
USDJPY is facing 107.90 resistance, a break of this level would indicate that the downtrend from 114.73 had completed at 104.63 already, then next target would be at 110.00 area. On the downside, as long as 107.90...

USDJPY Daily Analysis – April 20, 2018

by ForexCycle.com | April 20, 2018 3:56 am
USDJPY is facing 107.78 resistance, a breakout of this level could signal resumption of the uptrend from 104.63, then next target would be at 109.00 area. Key support is at 106.61, only a breakdown below this level...

USDJPY Bearish Correction Play (Apr 18, 2018)

by Kate Curtis | April 18, 2018 8:08 am
USDJPY previously broke below support around the 109.00 major psychological level and has dipped to a low of 105.25 before pulling up. Applying the Fibonacci retracement tool on the swing high and low on the daily time...

USDJPY Daily Analysis – April 18, 2018

by ForexCycle.com | April 18, 2018 2:09 am
USDJPY moved sideways in a trading range between 106.61 and 107.78. As long as 106.61 support holds, the price action in the range could be treated as consolidation for the uptrend from 104.63 and a breakout of...

USDJPY Daily Analysis – April 17, 2018

by ForexCycle.com | April 17, 2018 1:54 am
USDJPY failed to break above 107.90 resistance and pulled back from 107.78, suggesting that consolidation for the uptrend from 104.63 is underway. Range trading between 106.61 and 107.78 would likely be seen in a couple of days....