Tag - jpy - japanese yen

How about USD/JPY?
How about USD/JPY?

USD/JPY made a sizeable move up last week. It retraced more than 50% of the December-January decline.

Trading GBP/JPY on the news
Trading GBP/JPY on the news

Britain will release some economic data today. The forecast is positive. It’s possible to try to exploit this idea trading GBP/JPY.

Bet on CAD/JPY
Bet on CAD/JPY

The pair formed a “hammer” on W1 and is now likely to retrace to higher levels.

EUR/JPY: short-term upside
EUR/JPY: short-term upside

EUR/JPY has reached the support line connecting 2018 lows and the lower weekly Bollinger band in the 125.50 area.

USD/JPY: the greenback is weaker
USD/JPY: the greenback is weaker

On the daily chart of USD/JPY, bears managed to reverse the uptrend due to the implementation of the "Three Indians" and "Spike and Ledge" patterns' combination.

EUR/JPY: let's sell the euro
EUR/JPY: let's sell the euro

On the daily chart of EUR/JPY, the implementation of the "Spike and Ledge" pattern, in particular, the fall of the pair below the lower border of the "ledge" between the 127.6 and 129.25 levels, made the pair reach the 88.6% target of the "Shark" pattern.

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