USDJPY Daily Analysis – March 18, 2020

by ForexCycle.com | March 18, 2020 4:10 am
USDJPY stays above a rising trend line on the 4-hour chart and remains in the uptrend from 101.17. As long as the trend line support holds, the upside movement could be expected to continue and next target...

USDJPY Daily Analysis – March 17, 2020

by ForexCycle.com | March 17, 2020 4:12 am
USDJPY remains in the uptrend from 101.17. As long as the price is above the rising trend line on the 4-hour chart, the pullback from 108.49 could be treated as consolidation for the uptrend, and further rise...

USDJPY Daily Analysis – March 16, 2020

by ForexCycle.com | March 16, 2020 1:55 am
USDJPY stays above a rising trend line on the 4-hour chart and remains in the uptrend from 101.17. As long as the trend line support holds, the upside movement could be expected to continue and next target...

USDJPY Weekly Analysis – March 15, 2020

by ForexCycle.com | March 15, 2020 12:34 pm
USDJPY’s downside movement from 112.22 had completed at 101.17 already. Another rise towards 113.00 would likely be seen over the next several weeks. Near term support is at 105.20, only break below this level could bring the...

USDJPY Daily Analysis – March 13, 2020

by ForexCycle.com | March 13, 2020 4:16 am
USDJPY is now in the uptrend from 101.17. As long as the price is above the rising trend line on the 4-hour chart, the upside movement could be expected to continue and next target would be at...

USDJPY Daily Analysis – March 12, 2020

by ForexCycle.com | March 12, 2020 4:37 am
After touching the resistance of the falling trend line on the 4-hour chart, USDJPY dropped sharply to 103.09, breaking below 103.20 support, suggesting that the pair remains in the downtrend from 112.22. Further decline could be expected...

USDJPY Daily Analysis – March 11, 2020

by ForexCycle.com | March 11, 2020 3:10 am
USDJPY broke above the resistance of the falling trend line on the 4-hour chart, suggesting that the downtrend from 112.22 had completed at 101.17 already. Further rally would likely be seen and next target would be at...

USDJPY Daily Analysis – March 10, 2020

by ForexCycle.com | March 10, 2020 3:43 am
USDJPY is in consolidation for the downtrend from 112.22. Range trading between 101.17 and 105.00 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 – March 9, 2020

by ForexCycle.com | March 9, 2020 3:10 am
USDJPY’s downside movement from 112.22 extended to as low as 101.53. Further decline is still possible after a minor consolidation and next target would be at 100.50 area. Near term resistance is at 103.50, a break of...

USDJPY Weekly Analysis – March 8, 2020

by ForexCycle.com | March 8, 2020 2:16 pm
USDJPY dropped sharply from 112.22 to as low as 104.99. Further decline could be expected after a minor consolidation and next target would be at 104.44 support, followed by 102.00 area. Near term resistance is at 106.20,...