Tag - jpy - japanese yen

On the daily chart of USD/JPY, a break of the support at 112.85 and an exit out of the upward channel may mean an implementation of reversal 1-2-3 and "Three Indians" patterns.

On the daily chart of EUR/JPY, the pair keeps reaching targets of the "Broadening wedge" pattern.

Bullish Ichimoku Cloud, but horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen.

Bullish Ichimoku Cloud with horizontal Senkou Span A and B; a cancelled golden cross of Tenkan-sen and Kijun-sen.

Learn how to trade the US dollar index, EUR/USD, and USD/JPY today.

On the daily chart of USD/JPY, bulls managed to stick above the important level of 113.27.

On the daily chart of EUR/JPY,  the "Broadening wedge" pattern is at its last stage of the formation.

Bullish Ichimoku Cloud with rising Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen.

Irregular bullish Ichimoku Cloud with falling Senkou Span B; a weak dead cross of Tenkan-sen and Kijun-sen.

On the daily chart of EUR/JPY, if bulls can’t pull the pair out of the downward channel and break the resistance at 128.85, it will signal their weakness.

On the daily chart of USD/JPY, bulls couldn’t break the resistance at 113.25 that signals their weakness.

Narrowing bearish Ichimoku Cloud with rising Senkou Span A and falling Senkou Span B; a golden cross of Tenkan-sen and Kijun-sen.