FUND Buy 26.02.2021 09:37
USD/JPY: new local high update
The USD/JPY pair grows, trading at the level of 106.22.
FUND Buy 25.02.2021 13:12
USD/JPY: JPY continues to weaken
This week, the pair had an ambiguous dynamics: after falling to 104.90, it grew back and is now near 106.00.
FUND Buy 24.02.2021 08:53
USD/JPY: restoration of lost positions
USD is noticeably strengthening against JPY at today's trading in Asia, developing the correctional impulse formed the day before and recovering from the active decline at the end of last week.
TECH Buy 23.02.2021 07:53
USD/JPY: wave analysis
The pair is in a correction and may grow.
On the daily chart, the first wave of the higher level (1) of C develops, within which the correctional wave 2 of (1) ended. Now, the development of the third wave 3 of (1) has started, within which the wave of the lower level i of 3 has formed, and a local correction is developing as the wave ii of 3. If the assumption is correct, after the end of the correction the pair will grow to the levels of 109.86–111.68. In this scenario, critical stop loss level is 102.56.