A descending channel is nearing completion.
A descending channel identifies reversals in downtrends in case if price breaks through the resistance.
USD/JPY looks north towards the 150 zone on a breach of 149.95.
USD/JPY: Absteigendes Dreieck
USD/JPY,
1 Stunde
LONG
Mär 7
As we can see a descending triangle materializes and USD/JPY needs a bit more consolidation to confirm descending triangle breakout.
Once price breaks out to the the upside, the move could spot a further move up.
A further bullish price action towards 136.2 is likely.
USD/JPY: Aufsteigender Kanal
USD/JPY,
1 Tag
SHORT
Nov 18
An ascending channel is recognized.
An ascending channel depicts a technical chart signal that typically predicts price heading to a new direction once price breaks through the support.
USD/JPY targets a move towards the 148 zone on impulse below 150 amid rising bets for the move.
USD/JPY: Rechteck
USD/JPY,
1 Tag
SHORT
Nov 29
It looks like a rectangle has been uncovered and USD/JPY needs a bigger correction to confirm a breakout.
A rectangle often results in the more likely potential of falling prices in case if price breakdown occurs.
USD/JPY could attempt a move towards 147 on impulse below 148.2.
USD/JPY: Absteigender Kanal
USD/JPY,
1 Stunde
LONG
Mai 28
There is a descending channel discovered, the price breaks out now.
A descending channel is said to depict a useful bullish formation that is used to spot a bullish price action if price breaks out to the the upside.
A bullish continuation to 157 is not ruled out on impulse above 156.9.
USD/JPY: Steigender Keil
USD/JPY,
1 Stunde
SHORT
Mär 14
There is a rising wedge happening.
A rising wedge results in prices are likely to keep falling downward once price breakdown occurs.
It is not ruled out that a bearish run towards the 134 mark will be made as there is room for a downside correction.
USD/JPY: Absteigendes Dreieck
USD/JPY,
1 Stunde
LONG
Okt 2
There is a descending triangle recognized and the price requires a more bullish continuation as proof of a breakout.
In case if price breaks out, the resulting move could spot a further move up.
USD/JPY could attempt a move to 144 as there is a chance for a upside correction.
USD/JPY: Aufsteigender Kanal
USD/JPY,
1 Stunde
SHORT
Nov 14
There is an ascending channel materializing.
An ascending channel is believed to be a compelling bearish chart signal that can be used to spot an upward trend is about to reverse into an downward trend when price breaks through the support.
USD/JPY could extend its slump towards 151.4.
USD/JPY: Bullische Flagge
USD/JPY,
1 Stunde
LONG
Jan 24
There is a bullish flag noticed.
If price breaks through the resistance, the resulting move could predict that prices are likely to keep rallying upward.
It is likely that a bullish push up to 156.4 will form once above 156.25.
USD/JPY: Fallender Keil
USD/JPY,
1 Stunde
LONG
vor 44 Stunden
There is a falling wedge emerging and usdjpy lacks a next strong impulse up for clear breakout confirmation.
A falling wedge represents a specific price action indicator that identifies a bullish move once price breaks above resistance.
It is not ruled out that a bullish run towards 155.8 will take place once above 155.6.
USD/JPY: Rechteck
USD/JPY,
1 Tag
SHORT
Jan 31
A rectangle turns up.
A rectangle results in the bulls have run out of steam when price breaks down.
A bearish continuation towards 153 is likely to happen on a downside break.
USD/JPY: Steigender Keil
USD/JPY,
1 Stunde
SHORT
Okt 31
A rising wedge is uncovered and USD/JPY requires a bearish continuation as proof of a breakdown.
A rising wedge is a bearish price formation that is used to spot price heading to a new direction in case if price breaks through the support.
USD/JPY looks for a setback to the 153 level.
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