On the USD/JPY daily chart, the exit of quotes beyond the limits of the long-term downward channel followed by the successful test of the resistance at 113…
Tag - jpy - japanese yen
EUR/JPY rising inside impulse waves (iii) and 3 Next buy target - 132…
CHF/JPY reached buy target 118…
The yen was one of the biggest losers in the past week mainly due to stronger USD which got traction on the upbeat economic releases out of the US…
We've got a "Doji" and a "Shooting Star" at the last high, so bears are likely going to test the closest "Window" during the day.
The upper "Window" has acted as resistance, so there's a bearish "Harami", which hasn't been confirmed yet. In this case, the price is likely going to...
Narrow bullish Ichimoku Cloud; a golden cross of Tenkan-sen and Kijun-sen with rising Tenkan-sen; the prices are under the strong resistance on daily timeframe.
There's a "Shooting Star", which has been formed at the last high. So, the market is likely going to test the nearest "Window" during the day.
On the EUR/JPY daily chart, there is an uptrend…
The price fixated above the "Window", so there's a bullish "High Wave" pattern, which hasn't been confirmed yet.
USD/JPY reached buy target 112…
NZD/JPY reached buy target 82…