USDJPY Daily Analysis – January 15, 2018

by ForexCycle.com | January 15, 2018 2:44 am
USDJPY broke below 110.84 support and extended its downside movement from 113.38 to as low as 110.62. Further decline would likely be seen after a minor consolidation and next target would be at 109.50 area. Near term...

USDJPY Weekly Analysis – January 14, 2018

by ForexCycle.com | January 14, 2018 10:05 am
USDJPY is facing 110.84 support. A breakdown below this level could take price to next support level at 109.50. Below here would aim 107.31. On the upside, as long as 110.84 support holds, the price action in...

USDJPY Daily Analysis – January 11, 2018

by ForexCycle.com | January 11, 2018 4:01 am
USDJPY broke below 112.03 support and extended its downside movement to as low as 111.27. Further decline could be expected and next target would be at 110.84 support. Near term resistance is at 111.90, only break above...

Another USDJPY Triangle Bounce (Jan 10, 2018)

by Kate Curtis | January 10, 2018 8:03 am
USDJPY is still trading inside its descending triangle pattern and has just bounced off the resistance previously highlighted. Price is now making its way back to support at the 112.00 major psychological level for another test. The...

USD/JPY Price Forecast January 10, 2018, Technical Analysis

by FX Empire | January 10, 2018 6:56 am
The US dollar has been very volatile during the trading session on Tuesday, as we have reached towards the 112.50 level twice. Both times, we have seen buyers jump into the marketplace, so now looks as if...

USDJPY Daily Analysis – January 10, 2018

by ForexCycle.com | January 10, 2018 5:00 am
USDJPY is facing 112.03 support once again. A breakdown below this level could take price towards 110.84. However, as long as 112.03 support holds, the price action from 113.75 could be treated as consolidation of the uptrend...

USDJPY Triangle Resistance (Jan 09, 2018)

by Kate Curtis | January 9, 2018 9:00 am
USDJPY has formed lower highs and found support at the 112.00 major psychological level, creating a descending triangle pattern on its 4-hour time frame. Price bounced off the bottom to make another test of resistance, which appears...

USD/JPY Price Forecast January 9, 2018, Technical Analysis

by FX Empire | January 9, 2018 6:14 am
The US dollar initially rally during the trading session on Monday, reaching towards the 113.40 level. We fell from there and broke to the 113 handle. As an area that has been important in the past, so...

USDJPY Daily Analysis – January 9, 2018

by ForexCycle.com | January 9, 2018 4:07 am
USDJPY moved sideways in a trading range between 112.03 and 113.75. The sideways movement is likely consolidation of the uptrend from 110.84. A breakout of 113.75 resistance could trigger another rise towards 115.50. Only a breakdown below...

USDJPY Weekly Analysis – January 7, 2018

by ForexCycle.com | January 7, 2018 10:49 am
USDJPY stayed in a trading range between 110.84 and 114.73 for several weeks. The price action in the range is likely consolidation of the uptrend from 107.31. As long as 110.84 support holds, the upside movement could...