U.S. Dollar / Japanese Yen

Long

Updated

USDJPY: Elliott wave analysis

3-3-5 flat correction since 24th June is still in progress.
19-day cycle hints bullish reversal will happen in a few days.
99.0-100.0 is strong buy zone.
Happy trading!

Note

Alternative1: Expanding leading diagonal scenario

snapshot

Note

Alternative2: Impulse wave scenario

snapshot

Related publications

USDJPY: Bear trend coming to an end

USDJPY: correction phase

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.

Related publications

USDJPY: Bear trend coming to an end

USDJPY: correction phase

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.