Forex Analysis for USD/JPY

17.01.2022EURUSD, “Euro vs US Dollar”Having finished the descending structure and reached the short-term target at 1.1414, EURUSD is expected to continue the correction to reach 1.1390. Possibly, today the pair may return to test 1.1436 from below and then complete the correction by falling towards ...

EUR/USD: Rumors That Drive the Markets The weather on the market is quite often determined by rumors which have very little to do with reality. Or nothing at all. But those who spread them can earn good money by speculating on them. Something similar seems to have happened last week. Recall that t....

14.01.2022USDJPY is falling at the end of the week; the Yen is happy with the possibility of the rate hike. The Japanese yen is rising against the USD on Friday. The current quote for the instrument is 113.86.The Yen has been strengthening for almost the entire week due to the “greenback” weakness, ...

14.01.2022EURUSD, “Euro vs US Dollar”EURUSD is still consolidating around 1.1458. If later the price breaks this range to the upside, the market may resume trading upwards with the target at 1.1507; if to the downside – start a new correction towards 1.1385 and then form one more ascending structure...

13.01.2022EURUSD, “Euro vs US Dollar”As we can see in the H4 chart, the asset has formed a Shooting Star reversal pattern close to the resistance level. At the moment, EURUSD is reversing and may form a new correctional impulse. In this case, the downside correctional target may be at 1.1415. Howeve...

13.01.2022EURUSD, “Euro vs US Dollar”EURUSD is trading at 1.1440; the instrument is moving above Ichimoku Cloud, thus indicating an ascending tendency. The markets could indicate that the price may test Tenkan-Sen and Kijun-Sen at 1.1395 and then resume moving upwards to reach 1.1525. Another signal...

13.01.2022EURUSD, “Euro vs US Dollar”Having completed the ascending wave at 1.1452, EURUSD is consolidating below this level. Possibly, the pair may grow to reach the short-term upside target at 1.1457 and then start a new correction towards 1.1363. Later, the market may form one more ascending stru...

12.01.2022USDJPY is slowly growing for the second trading session in a row; market players don’t need “safe haven” assets. The Japanese yen is falling against the USD. The current quote for the instrument is 115.36.After a quite successful trading session on Monday, the Yen has been falling for the ...

12.01.2022EURUSD, “Euro vs US Dollar”Having completed the descending wave at 1.1313 and rebounding from this level, EURUSD is still growing and has already reached 1.1363; right now, it is consolidating around the latter level. Later, the market may break the range to the upside and form one more as...

12.01.2022USDJPY, “US Dollar vs. Japanese Yen”As we can see in the H4 chart, USDJPY has rebounded from the resistance at 8/8. In this case, the price is expected to break 7/8 and correct downwards to reach the support at 6/8. However, this scenario may no longer be valid if the price breaks 8/8 to t...

11.01.2022EURUSD, “Euro vs US Dollar”As we can see in the H4 chart, EURUSD is still consolidating and correcting the previous descending wave; the correctional wave has already tested 38.2% fibo twice after convergence on MACD but right now the asset is mostly trading at 23.6% fibo. The longer the p...

11.01.2022EURUSD, “Euro vs US Dollar”Having completed the descending wave at 1.1285, EURUSD is growing towards 1.1365. Later, the market may start a new decline to reach 1.1330 and then form one more ascending structure with the target at 1.1400.GBPUSD, “Great Britain Pound vs US Dollar”After finish...

10.01.2022EURUSD, “Euro vs US Dollar”As we can see in the H4 chart, the asset has formed a Shooting Star reversal pattern close to the resistance level. At the moment, EURUSD is reversing and may form a new correctional impulse. In this case, the downside correctional target may be at 1.1300. Howeve...

10.01.2022XAUUSD, “Gold vs US Dollar”XAUUSD is trading at 1793.00; the instrument is moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test the cloud’s downside border at 1810.00 and then resume moving downwards to reach 1755.00. Anothe...

10.01.2022EURUSD, “Euro vs US Dollar”Having completed the ascending wave at 1.1363, EURUSD is falling towards 1.1310. Later, the market may form one more ascending structure with the target at 1.1333.GBPUSD, “Great Britain Pound vs US Dollar”After finishing the ascending wave at 1.3596, GBPUSD has a...

EUR/USD: Awaiting the January FOMC Meeting The EUR/USD pair has been in a sideways trend for seven weeks in a row, moving along the horizon 1.1300 in the 1.1220-1.1385 channel. Even the publication of the protocols could not get it out of this state of the December FOMC (Federal Open Market Committ....

06.01.2022USDJPY, “US Dollar vs. Japanese Yen”As we can see in the H4 chart, USDJPY is trading within the “overbought area”. In this case, the price is expected to test 8/8, break it, and correct downwards to reach the support at 6/8. However, this scenario may no longer be valid if the price breaks...

06.01.2022EURUSD, “Euro vs US Dollar”After forming a new consolidation range around 1.1300 and breaking it to the upside, EURUSD has reached the short-term target at 1.1345; right now, it is falling to test 1.1300 from above. Later, the market may form one more ascending structure towards 1.1351 and...

05.01.2022USDJPY, “US Dollar vs Japanese Yen”USDJPY is trading at 116.00; the instrument is moving above Ichimoku Cloud, thus indicating an ascending tendency. The markets could indicate that the price may test Tenkan-Sen and Kijun-Sen at 115.55 and then resume moving upwards to reach 117.45. Anothe...

05.01.2022EURUSD, “Euro vs US Dollar”After reaching the short-term downside target at 1.1272, EURUSD has finished the ascending structure towards 1.1321. Possibly, today the pair may fall to reach 1.1254 and then form one more ascending structure with the target at 1.1322.GBPUSD, “Great Britain Poun...

04.01.2022EURUSD, “Euro vs US Dollar”As we can see in the H4 chart, EURUSD is still consolidating and correcting the previous descending wave; the correctional wave has already tested 38.2% fibo twice after convergence on MACD. The current technical picture implies two possible scenarios – a new ris...

04.01.2022EURUSD, “Euro vs US Dollar”As we can see in the H4 chart, the asset has formed an Inverted Hammer reversal pattern close to the support level. At the moment, EURUSD may reverse and form a new ascending impulse. In this case, the upside target may be at 1.1370. However, an alternative scena...

04.01.2022EURUSD, “Euro vs US Dollar”EURUSD has reached the short-term upside target at 1.1385. Possibly, today the pair may correct towards 1.1255 and then form one more ascending structure with the target at 1.1400.GBPUSD, “Great Britain Pound vs US Dollar”After completing the ascending wave at 1....

  We talked a week ago about what experts from the world's leading banks and agencies think about the behavior of the EUR/USD pair in the coming 2022. And the fact that we paid attention to it in the first place is quite logical: after all, this pair is the most traded on the Forex market, and the ....

30.12.2021USDJPY, “US Dollar vs Japanese Yen”USDJPY is trading at 115.14; the instrument is moving above Ichimoku Cloud, thus indicating an ascending tendency. The markets could indicate that the price may test Tenkan-Sen and Kijun-Sen at 114.95 and then resume moving upwards to reach 115.55. Anothe...

30.12.2021EURUSD, “Euro vs US Dollar”EURUSD has reached the short-term upside target at 1.1367. Possibly, today the pair may correct towards 1.1300 and then form one more ascending structure with the target at 1.1400.GBPUSD, “Great Britain Pound vs US Dollar”After completing the ascending wave at 1....

29.12.2021EURUSD, “Euro vs US Dollar”EURUSD has finished the descending wave at 1.1292 along with the ascending structure towards 1.1317. Possibly, the pair may fall to reach 1.1280 and then form one more ascending structure with the target at 1.1338.GBPUSD, “Great Britain Pound vs US Dollar”After c...

28.12.2021EURUSD, “Euro vs US Dollar”As we can see in the H4 chart, EURUSD is still consolidating at 23.6% fibo and correcting the previous descending wave; the correctional wave has already reached 38.2% fibo after convergence on MACD. The current technical picture implies two possible scenarios – ...

28.12.2021EURUSD, “Euro vs US Dollar”As we can see in the H4 chart, the asset has formed a Harami reversal pattern close to the resistance level. At the moment, EURUSD may reverse and form a new descending impulse. In this case, the downside correctional target may be at 1.1300. However, an alternat...

28.12.2021USDCAD, “US Dollar vs Canadian Dollar”USDCAD is trading at 1.2787; the instrument is moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test the cloud’s downside border at 1.2795 and then resume moving downwards to reach 1.2665...