Tag - jpy - japanese yen

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

We're likely going to have an upward correction towards the nearest support at 109.66...

On the daily chart of USD/JPY, the “Shark” pattern is transforming into 5-0. After a correction to 50% of the wave CD, an advance above May high will open the way up to the pair.

On the daily chart, bulls counterattacked after EUR/JPY reached 161.8% target of AB=CD. They managed to return the pair inside the previous consolidation range of 129.15-132.15.

EUR/JPY broke pivotal resistance level 129…

Although Wednesday’s US economic data were positive, the greenback continues to lose positions.

The pair is likely going to climb even higher in the short term. So, we should keep an eye on the upper 'Window'...

AUD/JPY reversed from resistance zone Next sell target - 84…

The US dollar index found support around 94…

The market is likely going to test the 89 MA, which could be a departure point for another bullish price movement...

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

A pullback from the 'Window' could be a departure point for a decline towards the Moving Averages...