USDJPY Analysis – Jul 12, 2008

by ForexCycle.com | July 11, 2008 8:11 pm
USDJPY moved without trend and formed a sideways consolidation in a range between 104.98 and 108.58. As long as 104.98 support holds, we’d expect up trend to resume and further rise to 112.00 area is possible after...

USDJPY Analysis – Jul 9, 2008

by ForexCycle.com | July 8, 2008 8:07 pm
USDJPY formed a cycle bottom at 104.98 on daily chart. Further rise is expected to test 108.58 previous high resistance, a break above this level will confirm the resumption of uptrend, and next target would be at...

USDJPY Analysis – Jul 5, 2008

by ForexCycle.com | July 4, 2008 9:07 pm
USDJPY might be forming a cycle bottom at 104.98 on daily chart. Further rise to test 108.58 previous high resistance is expected, a break above this level will confirm the cycle bottom, and next target would be...

USDJPY Analysis – Jul 2, 2008

by ForexCycle.com | July 1, 2008 8:53 pm
No changed in our view, USDJPY broke below the price channel support and formed a cycle top at 108.58 on daily chart. Deeper decline to test 102.58 support is still possible. Key resistance is located at 108.58,...

USDJPY Analysis – Jun 28, 2008

by ForexCycle.com | June 27, 2008 8:41 pm
USDJPY broke below the price channel support and formed a cycle top at 108.58 on daily chart. Deeper decline to 104.00 area could be seen next week. Key resistance is located at 108.58, only rise above this...

USDJPY Analysis – Jun 25, 2008

by ForexCycle.com | June 24, 2008 7:19 pm
USDJPY might be forming a cycle top at 108.58 on daily chart. Sideways consolidation would more likely be seen and pullback to retest the support of the price channel is expected in next few days. Initial resistance...

USDJPY Analysis – Jun 22, 2008

by ForexCycle.com | June 21, 2008 6:38 pm
USDJPY might be forming a cycle top at 108.58 on daily chart. Pullback to retest the support of the price channel is expected in next few days. Initial resistance is at 108.58, only break of this level...

USDJPY Analysis – Jun 18, 2008

by ForexCycle.com | June 17, 2008 7:10 pm
No changed in our view, USDJPY is in up trend. Further rise to 110.00 area to reach next cycle top on daily chart is still possible. Initial support is at 106.55 and key support is at 103.87,...

USDJPY Analysis – Jun 14, 2008

by ForexCycle.com | June 14, 2008 12:41 am
USDJPY is in up trend. Further rise to 110.00 area to reach next cycle top on daily chart is still possible. Initial support is at 106.55 and key support is at 103.87, only break down below 103.87...

USDJPY Analysis – Jun 11, 2008

by ForexCycle.com | June 10, 2008 9:02 pm
USDJPY is in up trend. Further rise to 109.00 area to reach next cycle top on daily chart is still possible, and the cycle top is nearing. Key support is now located at 103.87, a break down...