USDJPY Daily Analysis – July 17, 2020

by ForexCycle.com | July 17, 2020 2:36 am
USDJPY is facing 107.43 resistance, a breakout of this level would indicate that the downside movement from 108.16 had completed at 106.64 already, then another rise towards 108.50 could be seen. However, as long as 107.43 resistance...

USDJPY Daily Analysis – July 16, 2020

by ForexCycle.com | July 15, 2020 10:53 pm
USDJPY failed to break above the resistance of the falling trend line on the 4-hour chart and is now facing 106.64 support. Further decline would likely be seen and next target would be at 106.00 area. Key...

USDJPY Daily Analysis – July 15, 2020

by ForexCycle.com | July 15, 2020 4:18 am
USDJPY is testing the resistance of the falling trend line on the 4-hour chart. A clear break of the trend line resistance would indicate that the downside movement from 108.16 had completed at 106.64 already, then another...

USDJPY Daily Analysis – July 14, 2020

by ForexCycle.com | July 14, 2020 12:21 am
USDJPY is facing the resistance of the falling trend line on the 4-hour chart. As long as the trend line resistance holds, the bounce from 106.64 could be treated as consolidation for the downtrend from 108.16, further...

USDJPY Daily Analysis – July 13, 2020

by ForexCycle.com | July 12, 2020 10:30 pm
USDJPY remains in the downtrend from 108.16. As long as the price is below the falling trend line on the 4-hour chart, the downside movement could be expected to continue and next target would be at 106.00...

USDJPY Weekly Analysis – June 28, 2020

by ForexCycle.com | June 28, 2020 1:58 am
USDJPY is facing 105.98 support, a breakdown below this level could take the price to 103.00 area. Near term resistance is at 107.65, a breakout of this level could trigger another rise towards 112.00.

USDJPY Daily Analysis – June 15, 2020

by ForexCycle.com | June 14, 2020 10:59 pm
USDJPY broke above 107.30 resistance, suggesting that the downside movement from 109.84 had completed at 106.57 already. Range trading between 106.57 and 108.30 would likely be seen in a couple of days.

USDJPY Daily Analysis – June 12, 2020

by ForexCycle.com | June 12, 2020 1:27 am
USDJPY extended its downside movement from 109.84 to as low as 106.57. Further decline would likely be seen and next target would be at 106.00 area. Near term resistance is at 107.30, a break of this level...

USDJPY Daily Analysis – June 11, 2020

by ForexCycle.com | June 11, 2020 3:44 am
USDJPY broke below the rising trend line on the 4-hour chart, indicating that the upside movement from 105.98 had completed at 109.84 already. Further decline would likely be seen after a minor consolidation and next target would...

USDJPY Daily Analysis – June 9, 2020

by ForexCycle.com | June 9, 2020 3:37 am
USDJPY remains in the uptrend from 105.98, as long as the price is above the rising trend line on the 4-hour chart, the pullback from 109.84 could be treated as consolidation for the uptrend, and another rise...