Header Ad

Yen in local fall. USD / JPY Wave Analysis

Timeframe: 1H

A month ago, I assumed the beginning of a local uptrend for the pair: https://vk.com/wall-124328009_20564and it happened, but with some delay. I think wave “E” is now forming with targets from 105 yen per dollar. Further, I look forward to a long-term phase of the yen strengthening against the dollar in the 90 + area – bast shoes.

As for trading, I am in a small long to exit the triangle [b] of “E” with a corresponding short stop.


An interactive magazine for Forex traders. Here you will find the latest relevant news, examples of successful transactions and unsuccessful investments. Our journal contains a daily report of the trade of our specialists on the Forex exchange.

Forgot Password