Daily Pivots: (S1) 172.55; (P) 172.88; (R1) 173.31; More… Further rise remains mildly in favor in EUR/JPY for retesting 173.87 high. Decisive break there will resume larger rally from 154.77, and target a retest on 175.41 key resistance. On the downside, however, break of 171.09 will turn bias to the downside for 169.69 support, and […]
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USD/JPY rose to 159.29 on Friday, marking one of the weakest levels for the Japanese yen since July 2024. The yen’s decline is heightening market concerns about possible intervention by authorities in the foreign exchange Read more…
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The short-term Elliott Wave outlook for USDJPY indicates that the cycle from the January 28, 2026 low remains in progress, unfolding as an impulsive structure. From that low, wave (1) concluded at 157.72, followed by Read more…