Forex Analysis for USD/JPY

08.12.2022GBPUSD, “Great Britain Pound vs US Dollar”The currency pair is correcting by a Wedge reversal pattern. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the upper border of the Cloud at 1.2155 is expected, followed by growth to 1.2545. An additional sig...

08.12.2022EURUSD, “Euro vs US Dollar”The currency pair performed an impulse of decline to 1.0443 and corrected to 1.0548. Today a structure of a declining wave to 1.0433 is forming. And with a breakaway of this level downwards as well a pathway to 1.0320 will open. After this level is reached, growt...

07.12.2022EURUSD, “Euro vs US Dollar”The currency pair completed an impulse of decline to 1.0460. Today a consolidation range is forming around this level. An escape downwards and further decline to 1.0388 is expected. After this level is reached, growth to 1.0460 may begin.GBPUSD, “Great Britain Po...

07.12.2022EURUSD, “Euro vs US Dollar”On H4, at the resistance level the currency pair has formed a Hanging Man reversal pattern. The pair is now going by the signal in a correctional wave. The goal of the pullback might be 1.0380. However, the price may grow to 1.0640, break through it, and continue...

07.12.2022USDJPY, “US Dollar vs Japanese Yen”On H4, the quotes are under the 200-day Moving Average, which indicates the prevalence of a downtrend. The RSI is testing the resistance line. A bounce off 4/8 (137.50) should be expected, followed by falling to the support level of 3/8 (134.37). The scen...

06.12.2022EURUSD, “Euro vs US Dollar”The currency pair completed an impulse of decline to 1.0496. Today a link of growth to 1.0535 looks probable. Then the correction might continue to 1.0388. After the correction is over, a new structure of growth to 1.0664 should start.GBPUSD, “Great Britain Pound...

05.12.2022EURUSD, “Euro vs US Dollar”The pair is testing the upper border of the bullish channel. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the upper border of the Cloud at 1.0445 is expected, followed by growth to 1.0935. An additional signal confirming ...

05.12.2022EURUSD, “Euro vs US Dollar”The currency pair corrected to 1.0430 and started the development of a new wave of growth. Today the market has reached 1.0555. At the moment, the market has formed a consolidation range around this level. With an escape upwards, a pathway to 1.0677 should open. ...

EUR/USD: Focus on the US Labor Market The DXY dollar index is down 5% over the past month. This is the largest monthly decline since September 2010. And the American currency lost more than 10% against the euro over the same period. EUR/USD was trading at 0.9541 back on October 28, and it reached t....

02.12.2022EURUSD, “Euro vs US Dollar”On H4, at the resistance level, the pair has formed a Shooting Star reversal pattern. Currently, the pair may go by the signal in a correctional wave. The goal of the pullback will be 1.0435. However, the pair might grow to 1.0650, break through the level, and co...

02.12.2022EURUSD, “Euro vs US Dollar”The currency pair has broken through 1.0475 upwards and continues growth to 1.0555. Upon reaching this level, a link of correction to 1.0430 is not excluded, followed by growth to 1.0590.GBPUSD, “Great Britain Pound vs US Dollar”The currency pair has completed a ...

01.12.2022EURUSD, "Euro vs US Dollar"The currency pair has broken through 1.0160 and has completed a structure of growth to 1.0496. At the moment, the market continues forming a consolidation range under this level. A link of correction to 1.0160 is not excluded. With an escape from the range upward...

01.12.2022EURUSD, “Euro vs US Dollar”The currency pair has completed a structure of decline to 1.0290. Getting support at this level, the market has performed a link of growth to 1.0440. Today a consolidation range might form around this level. With an escape upwards, a pathway up to 1.0590 will ope...

30.11.2022EURUSD, “Euro vs US Dollar”The currency pair has completed a structure of decline to 1.0320 and continues forming a consolidation range. This new range is now forming at the lows of the declining impulse around 1.0356. With an escape from the range downwards, a pathway down to 1.0274 will ...

30.11.2022USDJPY, “US Dollar vs Japanese Yen”On H4, the quotes are under the 200-day Moving Average, which indicates prevalence of a downtrend. The RSI is testing the resistance line. Currently, we should expect a test of 0/8 (137.50), a breakthrough, and falling to the support level of -1/8 (135.93...

29.11.2022EURUSD, “Euro vs US Dollar”On H4, at the support level, the pair has formed a Harami reversal pattern. Currently, the pair may go by the signal in an ascending wave. The goal of the growth may be 1.0540. However, the price may pull back to 1.0320, bounce off it, and continue the uptrend af...

29.11.2022EURUSD, “Euro vs US Dollar”The currency pair continues forming a consolidation range around 1.0333. At the moment, the market has extended the range to 1.0496. Today the market has completed an impulse back to 1.0333 and is now forming a correction to 1.0411. With an escape from the range ...

28.11.2022EURUSD, “Euro vs US Dollar”The pair has formed an impulse of decline to 1.0354 and a correction to 1.0413. Today the market is forming the second declining impulse. At the moment, a structure of decline to 1.0345 was completed. A consolidation range is expected to form around this level. W...

28.11.2022GBPUSD, "Great Britain Pound vs US Dollar"The quotes are pushing off the support level, going above the Ichimoku Cloud, which suggests an uptrend. A test of the upper border of the Cloud is expected at 1.1935, followed by growth to 1.2475. An additional signal confirming the growth will be...

EUR/USD: FOMC Protocol Dropped the Dollar Last week ended quietly: the US celebrated Thanksgiving. But its first part was marked by the weakening of the dollar, as a result of which EUR/USD rose by more than 200 points, from 1.0222 to 1.0448. It has risen above its 200-day moving average (SMA) for....

25.11.2022EURUSD, “Euro vs US Dollar”The currency pair has formed a consolidation range around 1.0410. With an escape upwards, a pathway for growth to 1.0445 will open. With an escape downwards, a link of correction to 1.0330 is not excluded, followed by growth to 1.0500.GBPUSD, “Great Britain Pound...

24.11.2022EURUSD, “Euro vs US Dollar”On H4, at the support level the pair has formed a Harami reversal pattern. Currently, the pair is going by the signal in an ascending wave. The goal for further growth might be 1.0550. However, the price may pull back to 1.0335, bounce off it, and continue the up...

24.11.2022EURUSD, “Euro vs US Dollar”The currency pair formed a consolidation range around 1.0330 and with an escape upwards extended the structure of growth to 1.0445. Thus the market suggests considering continuation of the wave to 1.0590. Today a link of decline to 1.0330 (a test from above) is e...

23.11.2022EURUSD, “Euro vs US Dollar”The currency pair has completed a structure of a correctional wave to 1.0325. Today the quotes may escape the correctional channel and continue falling to 1.0224. Then the pair should grow to 1.0270 and fall to 1.0222, from where the wave may continue to 1.0222. ...

23.11.2022USDJPY, “US Dollar vs Japanese Yen”On H4, the quotes are under the 200-day Moving Average, which indicates the prevalence of a downtrend. The RSI has broken through the ascending trendline downwards. As a result, we should expect a test of 2/8 (140.62), a breakaway, and falling to the supp...

23.11.2022NZDUSD, “New Zealand Dollar vs US Dollar”The pair is testing the upper border of the Triangle pattern. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the upper border of the Cloud at 0.6110 is expected, followed by growth to 0.6385. An additional sig...

22.11.2022EURUSD, “Euro vs US Dollar”The currency pair has completed a structure of a declining wave to 1.0222. Today a link of correction to 1.0277 is not excluded (a test from below). Then falling to 1.0160 should follow. from where the wave might continue to 1.0111. The goal is local.GBPUSD, “Gre...

21.11.2022EURUSD, “Euro vs US Dollar”On H4, at the resistance level, the currency pair has formed a Shooting Star reversal pattern. Currently, the pair is going by the signal, continuing a correction wave. The goal of the decline might be 1.0210. However, the price may grow to 1.0440, break through ...

21.11.2022NZDUSD, “New Zealand Dollar vs US Dollar”The pair is correcting in a Triangle pattern. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the upper border of the Cloud at 0.6075 is expected, followed by growth to 0.6355. An additional signal confirming t...

21.11.2022EURUSD, “Euro vs US Dollar”The currency pair has completed a wave of decline to 1.0280. Today we expect a consolidation range to develop around this level. With an escape from the range downwards, a pathway to 1.0165 will open. The goal is local.GBPUSD, “Great Britain Pound vs US Dollar”Th...