USDJPY Rebounds: A Return to Uptrend
In the wake of a rising trend line support on the 4-hour chart, the USDJPY pair managed to rebound from the 146.97 low and is now staring down the 148.80 resistance. As the pair sustains its position...
Tag: USDJPY
USDJPY Maintains Uptrend: Key Levels Analyzed
Looking at the USDJPY pair, it seems to be holding its ground above a rising trend line on its 4-hour chart, a promising sign that the pair is persisting along the bullish trend that started at 140.25....
USDJPY Rebounds, Potential for Upside Move in Long-term
USDJPY has rebounded from the support level at 140.25, with the falling trend line on the weekly chart providing additional support. This suggests that the pullback from 151.90 has completed, indicating a potential for another rise in...
USDJPY Analysis – January 5, 2024
The USDJPY currency pair has experienced a significant breakthrough, surpassing the key resistance level at 144.95. This breakout indicates that the previous downward movement from 151.90 has likely concluded at 140.25. The recent price action suggests the...
USDJPY Forecasting The Rally After Elliott Wave Double Three Pattern
Hello fellow traders. In this technical article we’re going to take a look at the Elliott Wave charts charts of USDJPY published in members area of the website. As our members know USDJPY has recently made pull...
USDJPY Analysis – October 2, 2023
USD/JPY has continued its upward movement from 144.43, reaching as high as 149.77. As long as the price remains above the rising trend line on the 4-hour chart, there is a possibility of the upside move continuing,...
USDJPY Analysis – September 26, 2023
USD/JPY has maintained its position above the rising trend line on the 4-hour chart, indicating that it remains in an uptrend from 144.43. The pair has continued its upward movement, reaching as high as 149.18. As long...
USDJPY Analysis – September 25, 2023
USD/JPY has extended its upward movement from 144.43 to as high as 148.65. As long as the price remains above the rising trend line on the 4-hour chart, there is a potential for the upside move to...
USDJPY Analysis – September 21, 2023
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...
USDJPY Analysis – September 20, 2023
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....