USD/JPY down to 105.2300
Broke through Support level of 105.3370 at 19-Oct-2020 06:15 EDT
USD/JPY down to 104.7636
Broke through Support level of 105.1900 at 14-Oct-2020 12:00 EDT
USD/JPY down to 105.4100
Falling Wedge identified at 12-Oct-2020 07:00 EDT. This pattern is still in the process of forming. Possible bearish price movement towards the support 105.4100 within the next 17 hours.
Trade of the Day: USD/JPY
By: Dima Chernovolov USD/JPY continues to fall inside the daily Down Channel chart pattern, which was recently identified by Autochartist. Autochartist rates the quality of this Down Channel at the 5-bar level – which is the result of the medium Initial Trend, Uniformity and Clarity (all rated at the 5 bar level). USD/JPY is expected […]
USD/JPY up to 106.1080
Rising Wedge identified at 08-Oct-2020 07:00 EDT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 106.1080 within the next 22 hours.
USD/JPY excessive bullish movement
USD/JPY experienced 4 consecutive bullish candles. Possible bearish price movement to follow.
USD/JPY down to 105.4100
Approaching Support level of 105.4100 identified at 06-Oct-2020 05:00 EDT
USD/JPY up to 105.8734
Broke through Resistance level of 105.6090 at 05-Oct-2020 04:30 EDT
USD/JPY down to 104.5817
Broke through Support level of 105.2140 at 02-Oct-2020 02:00 EDT
USD/JPY up to 105.8030
Rising Wedge identified at 30-Sep-2020 07:00 EDT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 105.8030 within the next 2 days.