Chart of the Day – USDJPY- (June 20th 2019)
The USDJPY broke down under pressure with yields falling and gold rallying, the natural path of least resistance for the pair was lower.
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Chart of the Day -USDJPY- (Jan. 24th 2019)
The USDJPY bounce may have stalled at the 50% retracement as we are building as ascending wedge.
Chart of the Day -USDJPY- (Dec. 27th 2018)
USDJPY is rebounding higher after finding support at the confluence of the 88.6% Fib of the August low to the October high and the 141.4% extension of the October low to the November high.
Chart of the Day -USDJPY- (Dec. 12th 2018)
Sometimes the best trade is “no trade” and that is probably the case with the USDJPY currently.
Chart of the Day -USDJPY- (Dec. 4th 2018)
The USDJPY is in a triangle pattern and today’s lows coincided with the trend line that has been established all of 2018 (blue line).
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