USDJPY Stalemate: Uptrend on Hold or Reversal in Sight?

by ForexCycle.com | February 28, 2024 1:52 am
USDJPY is currently locked in a trading range between 149.52 and 150.88, unable to break above the key resistance level. This technical analysis explores the potential implications of this price action, considering both bullish and bearish scenarios....

USDJPY: Stuck in Neutral – Consolidation or Reversal?

by ForexCycle.com | February 26, 2024 2:27 am
USDJPY has been caught in a tug-of-war between bulls and bears, oscillating within a trading range between 149.52 and 150.88. This sideways movement leaves the near-term direction unclear. Let’s analyze the technicals to understand what could unfold...

USDJPY Stalemate: Uptrend Continuation or Reversal Looming?

by ForexCycle.com | February 23, 2024 10:27 am
USDJPY faces a critical juncture, hovering around the 150.88 resistance level. This key hurdle will determine whether the recent uptrend from 145.89 continues or if a reversal is on the horizon. Let’s delve into the technicals to...

USDJPY Stalled: Uptrend Consolidation or Downturn Resumption?

by ForexCycle.com | February 22, 2024 1:23 am
USDJPY’s recent attempt to break below 149.52 support fizzled out, leaving the pair stuck in a sideways range between 149.52 and 150.88. This indecisiveness raises questions about the future direction of the pair. Uptrend Pause or Trend...

USDJPY: Sideways Shuffle or Downtrend Resumption?

by ForexCycle.com | February 21, 2024 2:02 am
USDJPY’s recent rally has hit a snag, breaking below the rising price channel on the 4-hour chart. Now, the pair finds itself caught in a tug-of-war between bulls and bears, oscillating within a trading range. Let’s analyze...

USDJPY on the Rise: Uptrend Continuation or Correction?

by ForexCycle.com | February 19, 2024 12:31 am
USDJPY continues its upward journey, staying within a rising price channel on the 4-hour chart. This suggests the uptrend initiated at 145.89 remains intact. Let’s dive into the technicals to understand the potential scenarios for the pair’s...

USDJPY Holds Uptrend: Breakout or Retracement on the Horizon?

by ForexCycle.com | February 16, 2024 1:50 am
USDJPY continues its upward journey, but is a further rally imminent, or is a period of consolidation or even a pullback brewing? Let’s analyze the technicals to understand the potential scenarios. Uptrend Intact: Consolidation or Further Gains?...

USDJPY Surges Higher: Further Gains or Correction Ahead?

by ForexCycle.com | February 14, 2024 1:13 am
USDJPY has been on a tear, extending its rally from 145.89 to reach a new high of 150.88. But will this bullish momentum continue, or is a correction on the horizon? Let’s delve into the technical analysis...

USDJPY Pulls Back: Uptrend Consolidation or Downturn Signal?

by ForexCycle.com | February 8, 2024 3:27 am
USDJPY’s recent rally encountered resistance at 148.80, leading to a pullback. But is this a temporary pause or a sign of a potential trend reversal? Let’s analyze the technicals to understand what this means for the pair’s...

USDJPY Technical Outlook: Bounce Tests Key Resistance

by ForexCycle.com | February 5, 2024 4:23 am
USDJPY has exhibited a sharp bounce, recovering from 145.89 to reach 148.81, challenging the previous resistance level at 148.80. Let’s analyze the technicals to understand the potential implications for the currency pair’s future direction. Key Resistance Level...