Tag: JPY

USD JPY has been extending its correction a few times during the last six months. Nevertheless, it was unable to reach 104.95 so far,...

The area around 101.00 proved to be a very strong support level for USD JPY, since the pair jumped up from it three times...

On July 23rd we showed you a forecast of GBP JPY, saying that there should be one more wave left to the south before...

What every Elliott Wave analyst wants to see is a five-wave sequence, followed by a three-wave decline. In other words, the common 5-3 Elliott Wave...

On the 1-hour chart of GBPJPY we can see a very clear double zig-zag pattern labeled W-X-Y, with its wave Y still unfolding. It...

“On the 15-minute chart of USDJPY there is a perfect impulse to the south, which means that the corresponding three-wave retracement should be in progress...

Every Elliottician is more than happy, when he spots five waves in one direction, followed by three waves in the opposite. Especially if it...

On the 15-minute chart of USDJPY there is a perfect impulse to the south, which means that the corresponding three-wave retracement should be in progress...

In our last article about USDJPY we were expecting a significant decline from the highs of 103. If you have been following this pair,...

Two days ago, on July 8th, we published an article called “GBPJPY intraday signs of weakness”. Having a clear five-wave impulse to the south, we...

On the 30-minute chart of GBPJPY we can see one of the clearest impulses. Five waves to the south mean that we should now...

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,...

If you think that corrections are movements against the larger trend, you are absolutely right. But if this is true, why should you expect...

Truncated fifth waves are among the trickiest patterns in the catalogue of the Elliott Wave Principle. The worst about them is that you cannot...

In our last analysis of USDJPY, “Calm before the storm”, we were expecting the pair to rise to the 102.20 area and start declining from...

USDJPY has been moving sideways between 101 and 104 for over 3 months now. In our opinion, the moment of breakaway is just around...

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...

On the 30-minute chart of USDJPY we are tracking a possible ending diagonal for wave 5 of C of Y of (2)/B. USDJPY bigger...

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...

Correction for wave (2)/B seems to be finished in the form of a double zig-zag w-x-y. Prices could start declining towards the first target...

GBPJPY bottomed in the beginning of October 2011 and has been in a strong uptrend ever since. The Elliott Wave Principle has taught us...

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...

Not many changes since our last post on USDJPY, except the better entry, which we now have for a long-term position. On the 4-hour...

In order to make a reliable analysis, based on the Elliott Wave Principle, one has to be able to find the different patterns that...

A very clear 5-wave decline can be counted in USDJPY, starting from the orthodox top at 104.92, where the fifth wave truncation ended. The...

“USDJPY will reach 115.00 in the first couple of months of 2014” -Deutsche Bank-. Well, we at Elliott Wave Markets think that we will not...