Tag - jpy - japanese yen

A possible drop for USD/JPY
A possible drop for USD/JPY

On the daily chart of USD/JPY, there is a battle between bulls and bears to reach an important level at 88.6% of XC wave of the “Shark” pattern.

Bad days for USD/JPY
Bad days for USD/JPY

On the daily chart, bulls failed to push USD/JPY above an important resistance at 112.45 from the first attempt.

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USD/JPY reached new highs
USD/JPY reached new highs

Expanding bullish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen with rising lines.

When to buy EUR/JPY?
When to buy EUR/JPY?

On the daily chart, if EUR/JPY breaks the diagonal resistance and exits the uptrend channel, it may form AB=CD and trigger a “Broadening wedge”.

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