Tag - jpy - japanese yen

USD/JPY: bearish 'High Wave'
USD/JPY: bearish 'High Wave'

The price is going to test the nearest support at 109.89. If any bullish pattern forms next, there'll be a moment for another advance...

USD/JPY: yen got lost
USD/JPY: yen got lost

On the daily chart of USD/JPY, the inability of bears to pull the pair below the uptrend channel points at their weakness.

EUR/JPY: euro is caught in consolidation
EUR/JPY: euro is caught in consolidation

On the daily chart, EUR/JPY is consolidating in the 126.55-128.9 range within the “Spike and ledge” pattern. A break of its upper border will increase the odds of a “Shark” pattern.

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