Elliott Wave Update of USDJPY – December 6th, 2023
USDJPY is slightly up, but mostly unchanged as forex traders are already looking forward to the Fed's interest rate decision next Wednesday. In our...
USDJPY is slightly up, but mostly unchanged as forex traders are already looking forward to the Fed's interest rate decision next Wednesday. In our...
USDJPY is slightly up, but mostly unchanged as forex traders are already looking forward to the Fed's interest rate...
USDJPY finished in negative territory for the third straight week on rather dovish remarks by Fed Chair Jerome Powell. Is the uptrend officially over?...
USDJPY finished in negative territory for the third straight week on rather dovish remarks by Fed Chair Jerome Powell....
Long-term treasury yields are dropping and taking the dollar down with them with USDJPY being one of the casualties. Can the pair rebound soon?...
Long-term treasury yields are dropping and taking the dollar down with them with USDJPY being one of the casualties....
Things looked really bad for USDJPY bulls at one point last week when the pair was down by 250 pips. They managed to regroup,...
Things looked really bad for USDJPY bulls at one point last week when the pair was down by 250...
USDJPY is trading in negative territory for the second straight week after the bulls got discouraged by the resistance near 152.00. Can they regroup...
USDJPY is trading in negative territory for the second straight week after the bulls got discouraged by the resistance...
USDJPY tried and failed to exceed 152.00 again last week after weak labor data and lower inflation made another rate hike even less likely....
USDJPY tried and failed to exceed 152.00 again last week after weak labor data and lower inflation made another...
USDJPY was on the verge of a new multi-decade high earlier this week, before October's inflation numbers dragged it down. Can the bulls finally...
USDJPY was on the verge of a new multi-decade high earlier this week, before October's inflation numbers dragged it...
USDJPY registered a weekly close above the 151.00 mark for the first time since July, 1990, as high US interest rates strengthen the dollar....
USDJPY registered a weekly close above the 151.00 mark for the first time since July, 1990, as high US...
In today's Elliott Wave update of USDJPY we examine the pair's 4-hour chart and identify the key price level forex traders must keep an...
In today's Elliott Wave update of USDJPY we examine the pair's 4-hour chart and identify the key price level...
A year ago, USDJPY failed to conquer 152.00 and then fell 16% over the next three months. Last week, its second attempt proved unsuccessful,...
A year ago, USDJPY failed to conquer 152.00 and then fell 16% over the next three months. Last week,...
The Bank of Japan barely touched its monetary policy earlier this week, emboldening the bulls to lift USDJPY even higher. Where are they ultimately...
The Bank of Japan barely touched its monetary policy earlier this week, emboldening the bulls to lift USDJPY even...
Neither the bulls, nor the bears seem able to gain an edge around the 150.00 mark in USDJPY. In today's Elliott Wave analysis we...
Neither the bulls, nor the bears seem able to gain an edge around the 150.00 mark in USDJPY. In...
As the market is trying to decipher whether there will be an intervention by the BOJ, USDJPY has barely budged for weeks now. Can...
As the market is trying to decipher whether there will be an intervention by the BOJ, USDJPY has barely...
USDJPY missed the 150.00 mark by less than a pip last week as rising treasury yields pushed the greenback up against the Japanese yen....
USDJPY missed the 150.00 mark by less than a pip last week as rising treasury yields pushed the greenback...
USDJPY is up again this week as traders see no end in sight for the Bank of Japan's ultra-loose policy. The market is already...
USDJPY is up again this week as traders see no end in sight for the Bank of Japan's ultra-loose...
USDJPY opened at 149.30 last week and despite the 114-pip initial drop, still managed to earn a weekly close in the green by Friday....
USDJPY opened at 149.30 last week and despite the 114-pip initial drop, still managed to earn a weekly close...
In today's Elliott Wave update of USDJPY we examine its 4-hour chart for clues if the current dip is anything the bulls should worry...
In today's Elliott Wave update of USDJPY we examine its 4-hour chart for clues if the current dip is...
Bank of Japan intervention rumors caused a sharp drop in USDJPY last week, but it had mostly recovered from it by Friday. In today's...
Bank of Japan intervention rumors caused a sharp drop in USDJPY last week, but it had mostly recovered from...
USDJPY is slightly down this week on speculation on an intervention by the Bank of Japan. Would that be enough the derail the uptrend?...
USDJPY is slightly down this week on speculation on an intervention by the Bank of Japan. Would that be...
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.
USDJPY climbed further last week after Japan's former Vice-Finance Minister implied that 155.00 is the level to watch for...
In today's Elliott Wave update of USDJPY we explain why it is now or never for the bears, and identify the key level to...
In today's Elliott Wave update of USDJPY we explain why it is now or never for the bears, and...
USDJPY achieved a weekly close above the 148.00 mark for the first time in almost a year after the Fed's hawkish tone helped the...
USDJPY achieved a weekly close above the 148.00 mark for the first time in almost a year after the...
As USDJPY traders await the BOJ's decision on Thursday, we've identified the key resistance area both bulls and bears must pay attention to. Take...
As USDJPY traders await the BOJ's decision on Thursday, we've identified the key resistance area both bulls and bears...
Despite the initial dip below 146.00, the bulls in USDJPY recouped all their losses and closed the week in the green again. What's left...
Despite the initial dip below 146.00, the bulls in USDJPY recouped all their losses and closed the week in...
USDJPY remains in the gravity zone of the 147.00 mark as traders brace for rate decisions by both the Fed and BOJ later this...
USDJPY remains in the gravity zone of the 147.00 mark as traders brace for rate decisions by both the...
USDJPY keeps climbing despite a widely-expected pause in the Fed's tightening campaign to be announced later this month. How much further can the pair...
USDJPY keeps climbing despite a widely-expected pause in the Fed's tightening campaign to be announced later this month. How...
There is a textbook Elliott Wave pattern on the hourly chart of USDJPY, giving us a very clear idea of what to expect in...
There is a textbook Elliott Wave pattern on the hourly chart of USDJPY, giving us a very clear idea...
USDJPY is up 11.8% since the beginning of 2023, but is it safe to extrapolate the recent past into the future? Read in our...
USDJPY is up 11.8% since the beginning of 2023, but is it safe to extrapolate the recent past into...
USDJPY is on the verge of breaking its winning streak after weaker-than-expected July labor market data dragged the dollar down. Elliott Wave analysis put...
USDJPY is on the verge of breaking its winning streak after weaker-than-expected July labor market data dragged the dollar...
USDJPY managed to close above 146.00 for the first time since October, 2022, as rising treasury yields made the greenback exciting again. What's left...
USDJPY managed to close above 146.00 for the first time since October, 2022, as rising treasury yields made the...