USDJPY Daily Analysis – March 6, 2020

by ForexCycle.com | March 6, 2020 2:19 am
USDJPY extended its downside movement from 112.22 to as low as 105.96. 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...

USDJPY Daily Analysis – March 5, 2020

by ForexCycle.com | March 5, 2020 3:24 am
USDJPY stays below a bearish trend line on the 4-hour chart and remains in the downtrend from 112.22. As long as the trend line resistance holds, the bounce from 106.84 could be treated as consolidation for the...

USDJPY Daily Analysis – March 4, 2020

by ForexCycle.com | March 4, 2020 2:21 am
USDJPY extended its downside movement from 112.22 to as low as 106.84. Further decline is still possible after a minor consolidation and next target would be at 106.50 area. Key resistance is located at the bearish trend...

USDJPY Daily Analysis – March 3, 2020

by ForexCycle.com | March 3, 2020 3:03 am
USDJPY stays below a falling trend line on the 4-hour chart and remains in the downtrend from 112.22. As long as the trend line resistance holds, the downside movement could be expected to continue and a breakdown...

USDJPY Daily Analysis – March 2, 2020

by ForexCycle.com | March 2, 2020 1:41 am
USDJPY dropped sharply from 112.22 to as low as 107.36. Further decline is still possible after a minor consolidation and next target would be at 106.50 area. Near term resistance is at 108.55, a break of this...

USDJPY Weekly Analysis – March 1, 2020

by ForexCycle.com | March 1, 2020 10:57 am
USDJPY is now in the downtrend from 112.22. Further decline would likely be seen after a minor consolidation and next target would be at 105.00 area. Near term resistance is at 109.00, as long as this level...

USDJPY Daily Analysis – February 28, 2020

by ForexCycle.com | February 28, 2020 1:43 am
USDJPY extended its downside movement from 112.22 to as low as 109.32. 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...

USDJPY Daily Analysis – February 27, 2020

by ForexCycle.com | February 27, 2020 1:45 am
USDJPY remains in the downtrend from 112.22, the bounce from 109.88 is likely consolidation for the downtrend. As long as 111.04 resistance holds, the downtrend could be expected to continue and next target would be at 109.60,...

USDJPY Daily Analysis – February 26, 2020

by ForexCycle.com | February 26, 2020 2:56 am
USDJPY broke below the rising trend line on the 4-hour chart, suggesting that the upside movement from 108.30 had completed at 112.22 already. Further decline could be expected after consolidation and next target would be at 109.50...