USDJPY Analysis – April 25, 2009

by ForexCycle.com | April 25, 2009 4:03 am
USDJPY’s fall from 101.43 extends further to 96.63 level. Deeper decline is still possible next week and next target could be seen to 95.00-95.50 area. However, the price action from 99.67 is more likely consolidation of the...

USDJPY Analysis – April 18, 2009

by ForexCycle.com | April 18, 2009 2:36 am
USDJPY remains in uptrend and the fall from 101.43 is treated as consolidation of the uptrend. Further rise is still possible to 105.00 zone. Near term support is at the rising trend line from 87.12 to 93.53,...

USDJPY Analysis – April 11, 2009

by ForexCycle.com | April 11, 2009 2:26 am
USDJPY remains in uptrend from 93.53. Further rally could be seen to 105.00 zone in a couple of weeks. Near term support is at 98.50, as long as this level holds, the uptrend from 93.53 will continue....

USDJPY Analysis – April 4, 2009

by ForexCycle.com | April 4, 2009 3:32 pm
USDJPY breaks above 99.67 previous high and the uptrend from 87.12 has resumed. Further rise could be seen to 105.00 zone in a couple of weeks. Near term support is at the rising trend line from 87.12...

USDJPY Analysis – April 3, 2009

by ForexCycle.com | April 3, 2009 2:29 am
USDJPY breaks above 99.67 previous high resistance, suggesting that the medium term uptrend from 87.12 has resumed. Further rise is now in favor and the next target would be at 105.00 zone. Near term support is at...

USDJPY Analysis – Mar 28, 2009

by ForexCycle.com | March 28, 2009 2:44 am
As expected, USDJPY formed a cycle bottom at 93.53 level on daily chart. Range trading between 93.53 and 99.67 would more likely be seen in a couple of weeks. However, the price action from 99.67 is treated...

USDJPY Analysis – Mar 21, 2009

by ForexCycle.com | March 21, 2009 3:54 pm
USDJPY might be forming a cycle bottom at 93.53 on daily chart. Sideways movement in a range between 93.53 and 99.67 would more likely be seen in a couple of weeks. The price action from 99.67 is...

USDJPY Analysis – Mar 14, 2009

by ForexCycle.com | March 14, 2009 3:18 am
USDJPY pulled back from 99.67, suggesting that a cycle top has been formed on daily chart. Moving sideways in a range between 95.00 and 100.50 is expected in a couple of weeks. The price action from 99.67...

USDJPY Analysis – Mar 7, 2009

by ForexCycle.com | March 7, 2009 4:00 am
USDJPY’s medium term uptrend extend to as high as 99.67 level. Consolidation would more likely be seen before breaking above 100.54 previous high resistance. However, further rise is still possible to 102.00 zone after consolidation. Key support...

USDJPY Analysis – Feb 28, 2009

by ForexCycle.com | February 28, 2009 3:39 am
USDJPY moves sharply to as high as 98.70 level. Further rise to test 100.54 previous high resistance is expected after consolidation. Near term support is located at 95.80, as long as this level holds, the uptrend from...