USDJPY remains in the uptrend from 105.98. As long as the price is in the rising price channel on the 4-hour chart, the upside movement could be expected to continue and next target would be at 108.50...
USDJPY stays in a rising price channel on the 4-hour chart and remains in the uptrend from 105.98. As long as the channel support holds, the upside movement could be expected to continue and next target would...
USDJPY remains in the uptrend from 105.98, the pullback from 108.08 is likely consolidation for the uptrend. Support is located at the bottom of the price channel on the 4-hour chart, only a breakdown below the channel...
USDJPY is facing 108.08 resistance, a breakout of this level could take the price to 109.00 area. Support level is at 107.00, a breakdown below this level could trigger another downside movement towards 106.00.
USDJPY broke above 107.43 resistance, suggesting that the uptrend from 105.98 has resumed. Further rally would likely be seen and next target would be at 108.08 resistance. Support is at 106.74, only break below this level could...
USDJPY moved sideways in a trading range between 106.74 and 107.43. A breakout of 107.43 resistance would indicate that the upside movement from 105.98 has resumed, then next target would be at 108.08 resistance, only break below...
USDJPY broke above the falling trend line on the 4-hour chart, suggesting that the downside movement from 111.71 had completed at 105.98 already. Another rise towards 111.00 would likely be seen next week. Support is at 105.98,...
USDJPY’s fall from 107.76 had completed at 106.74 already. Another rise to test 108.08 resistance would likely be seen in the coming days, a break of this level could take the price to 109.00 area. Near term...
$FXY Elliott Wave & Longer Term Cycles Firstly the $FXY instrument inception date was 2/12/2007. The instrument tracks changes of the value of the Japanese Yen versus the US Dollar. There is plenty of data going back...
USDJPY’s fall from 107.76 extended to as low as 106.74. Deeper decline is still possible and next target would be at 106.50 area. Near term resistance is at 107.20, a break of this level could trigger another...