USDJPY Daily Analysis – May 13, 2020

by ForexCycle.com | May 13, 2020 2:55 am
USDJPY remains in the uptrend from 105.98, the pullback from 107.76 is likely consolidation for the uptrend. As long as 107.00 support holds, the uptrend could be expected to resume and further rise towards 109.00 is possible....

USDJPY Daily Analysis – May 12, 2020

by ForexCycle.com | May 12, 2020 4:27 am
USDJPY broke above the falling trend line on the 4-hour chart, suggesting that the downside movement from 109.38 had completed at 105.98 already. Further rally would likely be seen and next target would be at 109.00 area....

USDJPY Daily Analysis – May 11, 2020

by ForexCycle.com | May 10, 2020 11:01 pm
USDJPY is facing the resistance of the falling trend line on the 4-hour chart. A breakout of the trend line resistance would indicate that the downside movement from 1.0938 had completed at 105.98 already, then next target...

USDJPY Weekly Analysis – May 10, 2020

by ForexCycle.com | May 10, 2020 3:06 am
USDJPY stays below a falling trend line on the daily chart and remains in the downtrend from 111.71. As long as the trend line resistance holds, the downtrend could be expected to continue and next target would...

USDJPY Daily Analysis – May 8, 2020

by ForexCycle.com | May 8, 2020 1:50 am
USDJPY is in consolidation for the downtrend from 109.38. Range trading between 105.98 and 106.90 would likely be seen in a couple of days. As long as the price is below the falling trend line on the...

USDJPY Daily Analysis – May 7, 2020

by ForexCycle.com | May 7, 2020 1:07 am
USDJPY stays below a falling trend line on the 4-hour chart and remains in the downtrend from 109.38. As long as the trend line resistance holds, the downside movement could be expected to continue and next target...

USDJPY Daily Analysis – May 6, 2020

by ForexCycle.com | May 6, 2020 1:28 am
USDJPY extended its downside movement from 109.38 to as low as 106.20, breaking below 106.35 support. As long as the price is below the falling trend line on the 4-hour chart, the downside movement could be expected...

USDJPY Daily Analysis – May 5, 2020

by ForexCycle.com | May 5, 2020 2:33 am
USDJPY stays in a falling price channel on the 4-hour chart and remains in the downtrend from 109.38. As long as the channel resistance holds, the downside movement could be expected to continue and next target would...

USDJPY : Calling the April 2020 Move Lower

by elliottwave-forecast.com | May 4, 2020 4:17 pm
USDJPY Technical Analysis  On April 8/2020 I posted on social media (Stocktwits/Twitter) @AidanFX  “USDJPY Break below 108.60 can push the pair lower towards 108 area” USDJPY 1 Hour Chart April 9.2020 : The chart below was also posted...

USDJPY Daily Analysis – May 4, 2020

by ForexCycle.com | May 4, 2020 1:32 am
USDJPY failed to break above the top of the falling price channel on the 4-hour chart and pulled back from 107.49, suggesting that the pair remains in the downtrend from 109.38. Further decline would likely be seen...