Elliott Wave Analysis of USDJPY – October 2nd, 2023
USDJPY climbed further last week after Japan's former Vice-Finance Minister implied that 155.00 is the level to watch for a BOJ intervention.
The latest Elliott Wave analyses of the FOREX markets. Millions of traders are trading the euro, dollar, yen, pound and other currencies every day now. Elliott Wave can help you make sense of all the ups and downs and gives you better perspective in you trading. Below you can find our view on markets like EURUSD, USDCAD, USDJPY and more forex pairs.
USDJPY climbed further last week after Japan's former Vice-Finance Minister implied that 155.00 is the level to watch for a BOJ intervention.
On June 5th we showed you an analysis of EURUSD suggesting that we have a complete impulse to the south and therefore we should prepare...
On June 5th we showed you an analysis of EURUSD suggesting that we have a complete impulse to the south...
NZDUSD is getting closer to 0.8800, which may boost the bulls’ confidence, but an Elliott Wave analyst never relies only on rising prices. The...
NZDUSD is getting closer to 0.8800, which may boost the bulls’ confidence, but an Elliott Wave analyst never relies...
On June 4th we showed you a forecast of the USDCAD forex pair, saying that “after the end of wave C, we will be expecting...
On June 4th we showed you a forecast of the USDCAD forex pair, saying that “after the end of wave...
In our last analysis of USDJPY we were expecting a rally to 102.30, followed by a strong decline. If you are interested in this pair,...
In our last analysis of USDJPY we were expecting a rally to 102.30, followed by a strong decline. If you...
People see EURUSD‘s recent plunge as a result of ECB’s decision about interest rates. We at EWM see it as a natural post-triangle thrust...
People see EURUSD‘s recent plunge as a result of ECB’s decision about interest rates. We at EWM see it...
“Do not be surprised, if the next move USDCAD makes is to the south.” This is an excerpt from our previous article about USDCAD, which we...
“Do not be surprised, if the next move USDCAD makes is to the south.” This is an excerpt from...
NZDUSD reached 0.8777 in the beginning of the month, but was unable to hold the bullish momentum, reversing to the downside towards 0.8470, where...
NZDUSD reached 0.8777 in the beginning of the month, but was unable to hold the bullish momentum, reversing to...
People say that politics is complicated! Well, it is, but not so much, if you understand market behavior. It has been some time since...
People say that politics is complicated! Well, it is, but not so much, if you understand market behavior. It...
“We expect USDCAD to start rising from current levels. This count would be invalidated, if price falls below the start of the impulsive rally...
“We expect USDCAD to start rising from current levels. This count would be invalidated, if price falls below the...
GBPUSD has been in a strong uptrend for quite a long time. The pair managed to climb up from 1.4812 to nearly 1.70 without...
GBPUSD has been in a strong uptrend for quite a long time. The pair managed to climb up from...
In this analysis of EURUSD we will look at the price action from two angles – conventional technical analysis and then the Elliott Wave...
In this analysis of EURUSD we will look at the price action from two angles – conventional technical analysis...
“Considering the bigger picture, 1.40 seems to be a reasonable target for wave C up, but once it is reached, we have to be...
“Considering the bigger picture, 1.40 seems to be a reasonable target for wave C up, but once it is...
USDJPY has been moving sideways between 101 and 104 for over 3 months now. In our opinion, the moment of breakaway is just around...
USDJPY has been moving sideways between 101 and 104 for over 3 months now. In our opinion, the moment...
Yesterday in our intraday section we showed you a forecast of GBPUSD on a 5-minute chart. All we needed was a five-wave structure, which we...
Yesterday in our intraday section we showed you a forecast of GBPUSD on a 5-minute chart. All we needed was...
The EURCAD pair finished its ending diagonal at a price of 1.5582 and then declined to 1.5000 in impulsive fashion. Normally, a correction to the upside...
The EURCAD pair finished its ending diagonal at a price of 1.5582 and then declined to 1.5000 in impulsive fashion. Normally,...
EURUSD seems to have finished its three-wave A-B-C zig-zag decline. Pay attention to the fact that the 61.8% Fibonacci level reacted as a support...
EURUSD seems to have finished its three-wave A-B-C zig-zag decline. Pay attention to the fact that the 61.8% Fibonacci...
In our last analysis we were expecting an upside move in EURUSD and the pair really did rise, but the rally was limited to only...
In our last analysis we were expecting an upside move in EURUSD and the pair really did rise, but the...
On April 13th EURUSD was at 1.3885 and the majority of traders was still looking for higher levels. We, on the other side, were expecting...
On April 13th EURUSD was at 1.3885 and the majority of traders was still looking for higher levels. We,...
In our previous forecast on USDJPY we suggested that the rally to 104.11, despite being quite strong, should be only a correction of the larger...
In our previous forecast on USDJPY we suggested that the rally to 104.11, despite being quite strong, should be only...
On March 30th we showed you our big picture outlook on EURUSD, in which we stated that the European currency may be near a major...
On March 30th we showed you our big picture outlook on EURUSD, in which we stated that the European currency...
In our previous analysis on USDCAD we were expecting wave 5 to develop, once wave 4 is complete, probably in the form of a triangle....
In our previous analysis on USDCAD we were expecting wave 5 to develop, once wave 4 is complete, probably in...
AUDUSD made its last top at 1.1080 in the end of July 2011 and declined by more than 24 cents to 0.8650 in just...
AUDUSD made its last top at 1.1080 in the end of July 2011 and declined by more than 24...
On March 11th we showed you our analysis on GBPUSD. We were then considering a double zig-zag correction under construction, with waves “b” and “c” of...
On March 11th we showed you our analysis on GBPUSD. We were then considering a double zig-zag correction under construction, with...
On March 6th we showed you this forecast of USDJPY. We were anticipating the end of the corrective wave (2) or B and a sell-off...
On March 6th we showed you this forecast of USDJPY. We were anticipating the end of the corrective wave (2)...
GBPUSD formed a top at 1.6822 on February 17th 2014 and has been in corrective mode for more than a month, bottoming at 1.6460...
GBPUSD formed a top at 1.6822 on February 17th 2014 and has been in corrective mode for more than...
Bulls are getting more and more excited about EURUSD as it is getting closer to the 1.40 mark. But if we want to draw...
Bulls are getting more and more excited about EURUSD as it is getting closer to the 1.40 mark. But...
Ending diagonal, as its name suggests, is a reversal pattern, that occurs either in the position of wave C of a correction or as...
Ending diagonal, as its name suggests, is a reversal pattern, that occurs either in the position of wave C...
GBPJPY bottomed in the beginning of October 2011 and has been in a strong uptrend ever since. The Elliott Wave Principle has taught us...
GBPJPY bottomed in the beginning of October 2011 and has been in a strong uptrend ever since. The Elliott...
USD/JPY rose significantly yesterday after the FOMC reports and during Janet Yellen’s speech. Does that post-news strength provide enough of a reason to start...
USD/JPY rose significantly yesterday after the FOMC reports and during Janet Yellen’s speech. Does that post-news strength provide enough...
The US dollar is still going sideways against the Canadian dollar, without making new lows or new highs, which suggests that USDCAD is forming...
The US dollar is still going sideways against the Canadian dollar, without making new lows or new highs, which...
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