Tag: USDJPY

USDJPY is moving to the next cycle top on daily chart, and the cycle top is nearing. Key support is now located at 103.87, a break down below this level will confirm the cycle top, and then...

USDJPY’s up trend remains. Further rise to 106.60 area to reach the next cycle top on daily chart is still possible in a couple of days, and the next cycle top is nearing. Near term support is...

As expected, USDJPY broke above 105.70 previous high resistance. Further rise to 106.60 area to reach the next cycle top on daily chart is expected next week, and the next cycle top is nearing. Near term support...

USDJPY formed a trading range between 102.58 and 105.70 for several weeks. Break above 105.70 resistance would more likely be seen in a couple of days and further rise to 106.60 area to reach the next cycle...

Bing contained by 102.58 support, USDJPY rebounds from 102.73 level. Sideways consolidation is expected in a range between 102.58 and 105.70 next week, and break above 105.70 previous high to reach the next cycle top on daily...

USDJPY remains in range between 102.58 and 105.70, and is forming a sideways consolidation to the up trend. As long as 102.58 key support holds, we’d expected up trend to resume and further rise to 108.00 to...

USDJPY is forming a sideways consolidation in range between 102.58 and 105.70. Near term support is at the price channel and followed by 102.58. As long as 102.58 support holds, we’d expect up trend to resume and...

USDJPY is forming a cycle bottom at 102.58 on daily chart. The rise from 102.58 is treated as resumption of the up trend. Further rise towards 108.00 to reach the next cycle top is expected. Initial support...

USDJPY pulled back from 105.70. Further fall to 101.75 area to reach the next cycle bottom on daily chart is possible. However, the fall from 105.70 is treated as correction to the up trend, as long as...

USDJPY’s up trend remains and the pullback from 105.70 is treated as consolidation to the up trend. Further rise to 108.00 area is still possible after consolidation. Near term support is at the rising price channel, as...