Tag - jpy - japanese yen

USD/JPY is aiming at 116
USD/JPY is aiming at 116

On the daily chart, USD/JPY keeps forming 161.8% target of AB=CD. As long as the pair is above 113.35 (61.8% of the descending wave), bulls are in control.

USD/JPY: the Dollar went higher
USD/JPY: the Dollar went higher

Expanding bullish Ichimoku Cloud but horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen with horizontal lines.

Will EUR/JPY go up?
Will EUR/JPY go up?

On the daily chart for EUR/JPY the “Broadening wage” pattern was activated. The update of September maximum will allow bulls to continue moving towards target at 88.6% following the “Bat” pattern.

A possible drop for USD/JPY
A possible drop for USD/JPY

On the daily chart of USD/JPY, there is a battle between bulls and bears to reach an important level at 88.6% of XC wave of the “Shark” pattern.

Bad days for USD/JPY
Bad days for USD/JPY

On the daily chart, bulls failed to push USD/JPY above an important resistance at 112.45 from the first attempt.

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