Tag: USDJPY

Nov 10
USDJPY Wave Analysis – 10 November, 2022

• USDJPY broke key support level 145.75 • Likely to fall to support level 140.00 USDJPY recently broke the key support level 145.75 (former monthly high from the middle of September) intersecting with the 50% Fibonacci correction of the upward impulse 5 from September. The breakout of the support level 145.75 accelerated wave (i) of […]

Oct 24
USDJPY Wave Analysis – 24 October, 2022

• USDJPY reversed from support level 145.75 • Likely to rise to resistance level 151.85 USDJPY currency pair recently reversed up from the support level 145.75 (former monthly high from September). The support level 145.75 was strengthened by the support trendline of the daily up channel from August and by the 50% Fibonacci correction of […]

Oct 21
USDJPY Wave Analysis – 21 October, 2022

• USDJPY rising inside impulse wave (iii) • Likely to test resistance level 152.50 USDJPY continues to rise inside the short-term impulse wave (iii), which belongs to the higher order impulse waves 3 and (5). The pair earlier broke the resistance trendline of the daily up channel from March – which added to the bullish […]

Sep 26
USDJPY Wave Analysis – 26 September, 2022

• USDJPY reversed from key support level 142.00• Likely to rise to resistance level 148.00 USDJPY currency pair recently reversed up from the key support level 142.00 (lower boundary of the sideways price range inside which the pair has been moving from the start fop September). The upward reversal from the support level 142.00 started […]

Sep 21
USDJPY Wave Analysis – 21 September, 2022

• USDJPY rising inside impulse waves (v) and 3• Likely to test resistance level 148.00 USDJPY currency pair continues to rise in the direction of the resistance level 145.00 (top boundary of the narrow sideways price range inside which the pair has been moving from the start fop September). The lower boundary of this price […]

Aug 29
USDJPY Wave Analysis – 29 August, 2022

• USDJPY broke key resistance level 137.30 • Likely to rise to resistance level 140.00 USDJPY currency pair recently broke the key resistance level 137.30 (which stopped the previous minor impulse wave 3 earlier this month). The breakout of the resistance level 137.30 accelerated the active short-term impulse wave 5 of the intermediate impulse wave […]

Aug 12
USDJPY Wave Analysis – 12 August, 2022

• USDJPY reversed from support level 131.40 • Likely to rise to resistance level 135.33 USDJPY recently reversed up from the key support level 131.40 (former monthly high from May, which has been reversing the pair after it was broken in June). The upward reversal from the support level 131.40 created the daily Hammer, which […]

Aug 05
USDJPY Wave Analysis – 5 August, 2022

• USDJPY reversed from support level 131.40 • Likely to rise to resistance level 136.00 USDJPY recently reversed up from the support level 131.40 (former monthly high from May), intersecting with the lower daily Bollinger Band and the 61.8% Fibonacci correction of the upward impulse wave 1 from May. The upward reversal from the support […]

May 31
USDJPY Wave Analysis – 31 May, 2022

• USDJPY reversed from support level 127.00• Likely to rise to resistance level 129.65 USDJPY recently reversed up from the key support level 127.00 (which stopped wave (ii) in April), intersecting with lower daily Bollinger Band and by the 50% Fibonacci correction of the previous sharp upward impulse 1 from March. The upward reversal from […]

May 05
USDJPY Wave Analysis – 5 May, 2022

• USDJPY reversed from support area• Likely to rise to resistance level 131.20 USDJPY recently reversed up strongly from the support area located between the key support level 128.90 (former resistance from last month) and the 50% Fibonacci correction of the upward impulse from April. The upward reversal from this support area is likely to […]