In our USD/JPY technical analysis, a significant development unfolds as the pair forms double top on both the weekly and monthly charts, triggering a retracement. Delving into the intricacies, we…
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USD/JPY - Technical Analysis
We publish our technical analysis for USD/JPY currency pair when we see technical changes in the charts. We focus on breakouts, technical patterns, key support, and resistance levels, combined with a trend/wave-based analysis.
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USD/JPY Technical Analysis, the pair broke below an ascending wedge
Technical analysis for USD/JPY, the pair reached the second target of the bullish wave on the monthly chart, the 1.618 FIB extension at 139.35, and rejected it. The rejection manifested…
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USD/JPY Technical Analysis, the pair formed a double top
USD/JPY technical analysis, the pair rejected a resistance zone with tweezers top on the weekly chart and a double top on the daily chart, starting a pullback. The first target…
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USD/JPY Technical Analysis, the pair formed a double top on the daily chart
Technical analysis for USD/JPY, the pair formed a double top and broke below a bearish flag on the daily chart, starting a pullback. The first target for this pullback in…
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USD/JPY Technical Analysis, the pair reached the fourth target of the bullish wave
Technical analysis for the USD/JPY, the pair reached the fourth target of the bullish wave on the weekly chart, the 2.618 FIB extension at 129.30. The bullish momentum is still…
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USD/JPY Technical Analysis, the pair breakout above a key level
Technical analysis for the USD/JPY, the pair broke above the high at 118.66, which is a key level. The USD/JPY also broke above the long-term descending trend line on the…
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USD/JPY Technical analysis, the pair rejected support with low-test candle
Technical analysis for the USD/JPY, the pair rejected support and 0.618 FIB retracement on the daily chart with a low-test candle, which is a signal for a bounce. The first…
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USD/JPY Technical analysis, the pair breaks out of consolidation, started a pullback on the daily chart
Technical analysis for the USD/JPY, the pair rejected resistance zone between 114.10-114.70 and started a consolidation. Looking at the daily chart, the USD/JPY breaks out of consolidation and extends the…
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USD/JPY Technical Analysis, the pair reached resistance and 0.618 FIB retracement and started a pullback
Technical analysis for the USD/JPY, the pair reached the third target of the third daily bullish wave at 2.272 FIB extension at 111.65 and the 0.618 FIB retracement at 112.00…
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USD/JPY Technical analysis, the pair formed a bullish engulfing on the weekly chart bounced from 0.386 FIB retracement
Technical analysis for the USD/JPY is showing that the pair formed a bullish engulfing on the weekly chart, bounced from 0.386 FIB, a signal for resumption of the bullish trend….
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USD/JPY Technical analysis, the pair reached the second target of the bullish daily wave and touched a key resistance level
Technical analysis for the USD/JPY is showing that the pair reached the second target of the daily bullish wave at 1.618 FIB extension at 109.55 and touched the key resistance…
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USD/JPY – broke above price channel on the daily chart
technical analysis for 7–13 February 2021 Last week the price broke above descending price channel, dynamic resistance, and previous daily high above 104.40. The first target of this break is…
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