Tag: yen

USDJPY climbed to 125.28 yesterday, but the bulls could hold on to that momentum, which led to a decline as low as 123.78. The...

On December 10th, 2014, we published an article, called “What To Expect From USDJPY In 2015?”. In that material we suggested that USDJPY is...

In our previous analysis of EURJPY we said that “the count would need to be reassessed, if the EURJPY exchange rate returns above 137.00.”...

GBPJPY began its impressive rally from around 117.00 in 2011-2012. The pair is now trading close to 192.00. Few were expecting such a performance...

The USDJPY bulls made a spectacular performance in the last two weeks. The US dollar rose from 118.86 to 125.05 against the Japanese yen....

The pound proved to be one of yen’s strongest rivals in the last month and a half. The pair rose from below 175.00 to above...

The Great Britain pound proved to be stronger than the Japanese yen after the FED’s minutes last week, when GBPJPY jumped sharply from 177.10...

Last week, USDJPY topped close to 120.50 and has been trading below this mark ever since. According to the bigger picture, 120.50 should be...

More than a month ago, on January 10th, we posted “NZDJPY Has Four Technical Reasons To Fall”, saying that “NZDJPY should soon be expected...

“102.84 could turn out to be a major top, because AUDJPY may have just made the first step of a long journey to the south.” This...

“The second scenario assumes the pair could still be in a larger sideways correction, a triangle for example. If this is the case, the...

The NZDJPY exchange rate took a hard hit during the crash of 2007-2009, falling down from the heights of 97.70 to as low as...

Corrections are movements against the larger trend. So, when the correction is over, the larger trend should resume. Those of you, who are familiar...

“If this is the correct count, we should expect a recovery, which could take USDJPY up to the 120s again.” This is the last...

After a very strong performance by USD JPY, which almost led it to the 122 mark, the pair slipped down to about 115.50 as...

“We should not be surprised, if the support level around 100.00 gives up.” This is the last sentence of a forecast called “The Bears...

In our previous analysis of AUDJPY we showed you the big picture outlook on this pair. Here you will see the latest details on...

AUDJPY declined in five waves from 105.40 in April 2013 to as low as 86.30 four months later, but has been recovering ever since....

The USD JPY foreign exchange pair has been in a strong uptrend. Earlier today it climbed to as high as 117.04, but reversed sharply to...

GBPJPY and EURJPY tend to show a strong correlation in terms of price swings. This means their charts look alike quite often. Yesterday we...

The bulls took control of GBP JPY in the middle of October. The recent rally began from 168 and now, less than a month...

Today, on October 31, 2014, the Central Bank of Japan announced that it will expand its stimulus program in order to prevent deflation. After the...

A week ago, on October 22nd, we published an analysis, called “GBP JPY to regain positive bias”, saying that we expect the uptrend to...

A five-wave impulse followed by a correction is what every Elliott Wave analyst is looking for. It seems that we have found one such...

USD JPY dropped by more than 200 pips last week, but managed to recover almost completely. Is this a sign of the bull’s strength...

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...