USDJPY Analysis – Oct 29, 2008

by ForexCycle.com | October 29, 2008 10:08 am
USDJPY rebounds sharply from 90.92, however, the rise is treated as correction to down trend. Pullback to retest 90.92 could be seen in next several days, and a break below this level will signal deeper decline to...

USDJPY Analysis – Oct 25, 2008

by ForexCycle.com | October 25, 2008 10:24 am
USDJPY breaks below 95.77 (Mar 17 low) long term key support and reaches as low as 90.92 level. Consolidation is expected next week, and deeper decline could be seen to 87.00 zone after consolidation. Key resistance is...

USDJPY Analysis – Oct 22, 2008

by ForexCycle.com | October 22, 2008 9:24 am
USDJPY is forming a sideways consolidation in a range between 97.91 and 103.06. A cycle top has been formed at 103.06 level on daily chart and deeper decline to retest 95.77 (Mar 17 low) is now in...

USDJPY Analysis – Oct 18, 2008

by ForexCycle.com | October 18, 2008 9:39 am
USDJPY is in consolidation to down trend. Further rally to 104.00 zone to reach the next cycle top on daily chart is still in favor, and the next cycle top is nearing. As long as the trend...

USDJPY Analysis – Oct 15, 2008

by ForexCycle.com | October 15, 2008 9:36 am
USDJPY rebounds from 97.91 level and is moving to the next cycle top on daily chart. However, the next cycle top is nearing. Pullback could be seen to retest 97.91 previous low support in next several days.

USDJPY Analysis – Oct 11, 2008

by ForexCycle.com | October 11, 2008 10:03 am
USDJPY’s down trend from 110.66 extends to 97.91 level. Rebound towards 103.00 zone could be seen to reach next cycle top on daily chart next week. However, the rise from 97.91 is treated as consolidation to down...

USDJPY Analysis – Oct 4, 2008

by ForexCycle.com | October 4, 2008 9:16 am
USDJPY is in consolidation to down trend. Rise towards 108.50 to reach the next cycle top on daily chart is expected next week. Initial support is at 103.49, a break of this level will signal resumption of...

USDJPY Analysis – Oct 1, 2008

by ForexCycle.com | October 1, 2008 11:24 am
USDJPY breaks below 103.54 previous low support and is back to down trend. Rebound from 103.49 is now treated as consolidation to down trend, and deeper decline is expected to 101.50 zone after consolidation.

USDJPY Analysis – Sep 27, 2008

by ForexCycle.com | September 27, 2008 9:34 am
USDJPY is forming a sideways consolidation in a range between 103.54 and 110.66. Rebound towards 10950 zone is expected next week, and pullback could be seen before breaking above 110.66 previous high resistance.

USDJPY Analysis – Sep 24, 2008

by ForexCycle.com | September 24, 2008 9:44 am
No changed in our view, USDJPY formed a cycle bottom at 103.54 on daily chart. Further rise is still possible to 109.00 zone, and sideways consolidation in a range between 103.54 and 110.66 could be seen in...