The USDJPY pair has been displaying a consistent uptrend, as evidenced by its movement within a rising price channel on the 4-hour chart. This pattern suggests that the bullish momentum that began at 141.64 remains intact, offering...
Short Term Elliott Wave View in USDJPY suggests decline to 139.57 ended wave (W). Pair then corrected in wave (X) with internal subdivision as a double three Elliott Wave structure. Up from wave (W), wave ((w)) ended...
The USDJPY pair has made a significant technical move, breaking above the falling price channel on the 4-hour chart. This breakout suggests that the downward movement from 147.20 may have found its bottom at 139.57, potentially setting...
The USD/JPY pair has seen its downside move extend from 147.20 down to 139.57. Currently, the pair remains within a falling price channel on the 4-hour chart, indicating that the downtrend could persist as long as channel...
USD/JPY has continued its downside move, falling from 147.20 to as low as 143.18, breaking below the key support at 143.44. What to Watch Next: Conclusion: USD/JPY remains in a downtrend with potential for further declines toward...
USD/JPY is currently testing the 147.34 resistance level, a critical point that could determine the pair’s next move. Potential Scenarios Conclusion USD/JPY is at a pivotal point, with the 147.34 resistance level in focus. A breakout could...
USD/JPY has broken above the falling trend line on the 4-hour chart, signaling that the downtrend from 149.36 has likely ended at 143.44. What to Expect Next? Conclusion USD/JPY has shifted back into an uptrend after breaking...
USD/JPY has seen a sharp decline, dropping from 149.36 to as low as 144.45. What to Expect Next Key Levels to Watch Conclusion USD/JPY is currently in a downtrend, but this may be a temporary correction within...
The USD/JPY pair has been trading sideways within a range of 145.42 and 148.22 for several days. This consolidation phase presents important trading opportunities as we look ahead. Current Market Dynamics As long as the support level at 145.42 holds, this sideways movement...
On Monday, August 12th, the USD/JPY pair briefly surged above the 148 level before experiencing a pullback. Recent data from the Commodity Futures Trading Commission and the London Stock Exchange Group revealed that leveraged funds have reduced...
