USDJPY short-term Elliott wave view suggests that the rally to 110.91 high ended Minor wave 1 & also the cycle from 5/29 low. The internals of that rally higher unfolded as Elliott wave leading diagonalwhere Minute wave ((i)) ended at...
USDJPY moved sideways in a trading range between 109.55 and 110.90. As long as 109.55 support holds, the sideways movement could be treated as consolidation for the uptrend from 108.11 and a breakout of 110.90 resistance could...
USDJPY’s bounce from 109.55 extended to as high as 110.64. Further rise to test 110.90 resistance is possible. A breakout of this level would indicate that the upside movement from 108.11 has resumed, then next target would...
USDJPY broke below the bottom support trend line of the price channel on the 4-hour chart, suggesting that the upside movement from 108.11 had completed at 110.90 already. Another fall could be expected and next target would...
USDJPY stays in a rising price channel on the 4-hour chart and remains in the uptrend from 108.11. As long as the channel support holds, the upside movement could be expected to continue and next target would...
USDJPY extended its upside movement from 108.11 to as high as 110.90. As long as the price is above the rising trend line on the 4-hour chart, the upside movement could be expected to continue and next...
USDJPY moved sideways in a trading range between 108.11 and 111.39. A breakout of 111.39 resistance would indicate that the upside movement from 104.63 has resumed, then further rise towards 113.00 area could be seen. Key support...
USDJPY failed to break below the bullish trend line on the 4-hour chart, suggesting that the pair remains in the uptrend from 108.11. Further rise is still possible and a break of 110.84 resistance could take the...
USDJPY stays above a bullish trend line on the 4-hour chart and remains in the uptrend from 108.11. As long as the trend line support holds, the fall from 110.84 could be treated as consolidation for the...
USDJPY extended its upside movement from 108.11 to as high as 110.61. Further rise is still possible after a minor consolidation and next target would be at 111.00 area. Near term support is at 110.10, a breakdown...
