USD/JPY has indeed extended its upward movement from 137.23 to as high as 148.45 and has successfully broken above the resistance level at 147.87. Based on this price action, there is a likelihood of further upside in...
The USD/JPY currency pair has continued its upward momentum, extending the move from 137.23 to reach as high as 148.16. The pair has successfully surpassed the resistance level at 147.87, indicating a bullish sentiment in the market....
The USD/JPY currency pair is currently encountering resistance at the level of 147.87. If the price successfully breaks above this level, it would suggest a continuation of the upward move that began from 137.23, with the next...
USD/JPY experienced a failed attempt to break below the bottom of the rising price channel on the 4-hour chart and rebounded from 145.89. This suggests that the currency pair remains in an uptrend that commenced from 137.23....
USD/JPY is currently approaching the support of a rising price channel on the 4-hour chart. If this channel support holds, the recent pullback from 147.87 could be considered a consolidation phase within the larger uptrend that started...
USD/JPY has experienced significant upward movement, starting from 137.23 and reaching as high as 147.81. This rally included a break above the resistance level at 147.37. Based on this upward momentum, it is possible for USD/JPY to...
Hello fellow traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of USDJPY , published in members area of the website. As our members know the pair is showing...
USD/JPY is currently encountering a resistance level at 147.37. If the price successfully breaks above this resistance level, it could potentially trigger further upside movement towards the 148.00 level. On the downside, the immediate support to watch...
USD/JPY is currently within a rising price channel on the 4-hour chart, indicating that the pair remains in an uptrend from 138.05. As long as the support of the channel holds, the recent pullback from 147.37 could...
USD/JPY is maintaining its uptrend from the 138.05 level. As long as the support level at 144.53 holds, the recent pullback from 147.37 could be considered a period of consolidation within the overall uptrend. In such a...
