USD/JPY: bearish 'High Wave'

USD/JPY: bearish 'High Wave'

2806usdjpyH4 (1).png

There'a 'Shooting Star', so the pair is likely going to test the closest support at 109.89 in the coming hours. A pullback from this level could be a starting point for an upward price movement in the direction of the next resistance at 110.80.

2806usdjpyH1 (1).png

The last bearish 'High Wave' has been confirmed, so the price is likely going to test the nearest support at 109.89. If any bullish pattern forms next, there'll be a moment for another advance.



Latest news

GBP/USD: confirmed "Thorn" pattern

The last "Pennant" pattern has been broken, so bulls found resistance at 1.2915. Nevertheless, the market is likely going to move on, so we should...


Deposit with your local payment systems


A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera