USDJPY broke above the top trend line of the price channel on its 4-hour chart, suggesting that corrective consolidation for the downtrend from 111.39 is underway. Range trading between 108.11 and 110.00 could be expected in a...
USDJPY stays in a falling price channel on its 4-hour chart and remains in the downtrend from 111.39. As long as the channel resistance holds, the bounce from 108.11 could be treated as consolidation for the downtrend...
Nikkei short-term Elliott wave view suggests that the rally to 23060 on May 20 high ended Intermediate wave (1) as an impulse. Down from there, the index is pulling back in Intermediate wave (2) pullback to correct cycle from March...
USDJPY extended its downside movement from 111.39 to as low as 108.11. Further decline is still possible after a minor consolidation and next target would be at 107.00 area. Resistance is at the top trend line of...
USDJPY broke below 108.95 support, suggesting that the downside movement from 111.39 has resumed. Further decline could be expected and next target would be at 108.00 area. Resistance is now at 109.82, as long as this level...
USDJPY remains in the downtrend from 111.39, the bounce from 108.95 is likely consolidation for the downtrend. Range trading between 108.95 and 110.50 would likely be seen in the coming days. However, as long as 110.50 resistance...
USDJPY broke below the bottom of the price channel on its daily chart, suggesting that the upside movement from 104.63 had completed at 111.39 already. Further decline would likely be seen and a breakdown below 108.64 support...
EURJPY short-term Elliott Wave view suggests that the bounce to 5/14 high at 131.38 ended Minor wave B. Down from there, the decline is unfolding as Elliott wave impulsive structure in Minor wave C lower. The internal sub-division of each leg...
USDJPY’s downside movement from 111.39 extended to as low as 108.95. Further decline is still possible after a minor consolidation and next target would be at 108.00 area. Resistance is now at 110.10, only a breakout of...
USDJPY extended its downside movement from 111.39 to as low as 109.44. Further decline could be expected after a minor consolidation and next target would be at 108.50 area. Resistance is at 110.50, only a breakout of...
