US Dollar Extends Rally Against Japanese Yen

by ForexCycle.com | May 9, 2024 2:44 am
The USDJPY currency pair has extended its impressive upside move, rallying from the 151.86 low to a high of 155.69 in recent trading sessions. The bullish momentum shows no signs of letting up just yet. Further Upside...

US Dollar Stages Potential Reversal Against Japanese Yen

by ForexCycle.com | May 7, 2024 2:33 am
The USDJPY currency pair extended its downside move from the 160.21 high to a low of 151.86 in recent trading sessions. However, the subsequent bounce from 151.86 has reached as high as 154.52, suggesting that the bearish...

USDJPY Breaks Down: Uptrend Over or Correction Incoming?

by ForexCycle.com | May 2, 2024 10:27 am
USDJPY’s price action has shifted, raising questions about the future direction of the currency pair. This analysis examines the technical situation and explores potential scenarios. USDJPY Breaks Key Levels: Potential Scenarios: Overall Sentiment: The technical outlook for...

USDJPY: Uptrend on Hold or Correction Incoming?

by ForexCycle.com | April 29, 2024 10:21 am
USDJPY’s recent price action suggests a shift in momentum. This analysis examines the technical situation and explores potential scenarios for the currency pair. USDJPY Breaks Trend Line: Consolidation or Reversal? Scenario 1: Uptrend Resumption: Scenario 2: Deeper...

USDJPY Charges Higher: Uptrend Confirmed or Bullish Momentum Extended?

by ForexCycle.com | April 26, 2024 11:23 am
USDJPY’s price action suggests continued strength. This analysis examines the technical situation and explores potential scenarios for the currency pair. USDJPY Maintains Uptrend: Upside Targets in Focus: Support Levels to Consider: Overall Sentiment: The technical outlook for...

USDJPY Soars: Uptrend Confirmation or Bullish Breakout?

by ForexCycle.com | April 25, 2024 4:29 am
USDJPY has displayed a significant bullish move, potentially breaking out of a recent range. This analysis examines the technical situation and explores potential scenarios for the currency pair. USDJPY Breaches Resistance: Uptrend Confirmation and Targets: Support Levels...

USDJPY Trend Update: Uptrend Pausing for Consolidation or Reversal?

by ForexCycle.com | April 19, 2024 10:42 am
USDJPY’s recent price action suggests a shift in momentum. This analysis examines the technical situation and explores potential scenarios for the currency pair. USDJPY Breaks Trend Line Support: Range-Bound Trading Expected: Uptrend Resumption or Reversal? Overall Sentiment:...

USDJPY at a Crossroads: Uptrend Consolidation or Deeper Pullback?

by ForexCycle.com | April 18, 2024 3:50 am
USDJPY has reached a critical juncture, facing a key support level. This analysis examines the technical situation and explores potential scenarios for the currency pair. USDJPY Tests Support: Uptrend Consolidation or Correction? Breakdown Scenario: Overall Sentiment: The...

USDJPY Soars: Uptrend Maintaining Momentum or Nearing Correction?

by ForexCycle.com | April 16, 2024 2:05 am
USDJPY has continued its impressive rally, reaching new highs. This analysis examines the technical situation and explores potential scenarios for the currency pair. USDJPY Extends Uptrend: Bullish Momentum Likely to Continue: Support Levels to Consider: Uptrend Correction...