Tag: USDJPY

Jan 17
USDJPY Wave Analysis – 17 January, 2022

• USDJPY reversed from support level 113.50 • Likely to rise to resistance level 115.00 USDJPY currency pair recently reversed up with the clearly formed daily Hammer from the support level 113.50 (which has been reversing the price from October), intersecting with the lower daily Bollinger Band. The upward reversal from the support level 113.50 […]

Jan 14
USDJPY Wave Analysis – 13 January, 2022

• USDJPY broke daily up channel • Likely to fall to support level 113.50 USDJPY currency pair recently broke the key support level 114.50, intersecting with the daily up channel from November and the 50% Fibonacci correction of the upward impulse 3. The breakout of the support level 114.50 accelerated the active short-term correction 4 […]