USD/JPY latest wave analysis (Nikita FX )
This is modified wave analysis of USD/JPY which originally was given to us by
CurrencyWaves (2014.12/05 & 12/12).
I would say total wave 5 was a running way extension (due to BOJ's QE )
The latest high: 122.02 was top of wave 5-3-5.
And now we will have a downward wave 5-4-abc ( c wave from 120.83 ) which will
reach 117.14.
The Final wave 5-5 is going to climb up to 135.20.
I think we should admit 126.08 of EUR/JPY & 174.86 of GBP/JPY were their bottoms of
interval wave (Major-2 or wave 4). CHF/JPY had already reached 138.91 area before USD/JPY.
What do you think of this ?
Nikita FX (climbingfx.jugem.jp/ )
CurrencyWaves (2014.12/05 & 12/12).
I would say total wave 5 was a running way extension (due to BOJ's QE )
The latest high: 122.02 was top of wave 5-3-5.
And now we will have a downward wave 5-4-abc ( c wave from 120.83 ) which will
reach 117.14.
The Final wave 5-5 is going to climb up to 135.20.
I think we should admit 126.08 of EUR/JPY & 174.86 of GBP/JPY were their bottoms of
interval wave (Major-2 or wave 4). CHF/JPY had already reached 138.91 area before USD/JPY.
What do you think of this ?
Nikita FX (climbingfx.jugem.jp/ )
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.