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USD/JPY

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USD/JPY: Descending Channel

USD/JPY, 4 hours    LONG Jan 2
It looks like a descending channel comes out and the price expects next push up as a sign of a breakout. A descending channel results in the more likely potential of rising prices in case if price breaks above resistance. USD/JPY pushes higher towards 142 as downside pressure mitigates.

USD/JPY: Rectangle

USD/JPY, 4 hours    LONG Sep 20
There is a rectangle emerging and the price is ready to break out now. A rectangle is said to depict a signal that typically results in extending an uptrend in case if price breaks through the resistance. USD/JPY looks north to 148.2 as the currency pair loses bearish momentum.

USD/JPY: Ascending Channel

USD/JPY, 4 hours    SHORT Mar 9
There is an ascending channel spotted and the price wants a next move to confirm ascending channel breakdown. An ascending channel signals the more likely potential of falling prices in case if price breaks below support. USD/JPY to move back to 135 while lower than 136 as bears look for entries.

USD/JPY: Ascending Triangle

USD/JPY, 1 hour    LONG Jun 22
There is an ascending triangle turning up, the price is about to break out. An ascending triangle is a specific formation that is used to identify a sharp rise in case if price breaks out to the the upside. It is likely that a further bullish continuation towards 142.4 will occur once above 142.3.

USD/JPY: Rising Wedge

USD/JPY, 1 hour    SHORT Jun 20
It seems like USD/JPY establishes a rising wedge, the price is breaking out. Once price breakdown occurs, the resulting move could indicate price reversal after a pause. USD/JPY does not rule out a move to 141.8 on a breach of 141.9 as the currency pair challenges 141.9 hurdle.

USD/JPY: Descending Triangle

USD/JPY, 1 hour    LONG Sep 27
There is a descending triangle determined. A descending triangle often predicts a bullish price action if price breaks above resistance. It is not ruled out that a bullish price action to the 149.1 level will occur once beyond 149.04.

USD/JPY: Rectangle

USD/JPY, 1 hour    LONG Feb 8
As we can see a rectangle develops. A rectangle signals a bullish price action when price breaks out to the the upside. It is likely that a rangebound towards the 148.3 mark will form on a breach of 148.25.

USD/JPY: Ascending Channel

USD/JPY, 1 hour    SHORT Mar 31
There is an ascending channel determined. An ascending channel identifies a specific formation that can be used to predict price reversal after a pause when price breaks through the support. It is not ruled out that a bearish price action to 132.5 will form on a breakout of the ascending channel.

USD/JPY: Descending Channel

USD/JPY, 1 hour    LONG Jan 23
There is a descending channel discovered, USD/JPY demands a next steady move as a sign of a breakout. When price breaks through the resistance, the move could predict that the price to go up. A rangebound to the 148.2 level looks possible.

USD/JPY: Ascending Triangle

USD/JPY, 1 hour    SHORT Jun 19
We can see that an ascending triangle arises and the price breaks out. An ascending triangle is said to depict a compelling signal that results in a bearish price action once price breakdown occurs. USD/JPY to extend the fall towards the 141.8 zone.

USD/JPY: Descending Channel

USD/JPY, 1 hour    LONG Aug 7
It seems like a descending channel has been revealed. A descending channel is a reliable formation that is angled down that is used to predict a breakout higher once price breaks above resistance. USD/JPY to extend its rebound to the 142.4 mark as the currency pair becomes bid.

USD/JPY: Falling Wedge

USD/JPY, 1 hour    LONG Jan 22
There is a falling wedge coming out. In case if price breaks out to the the upside, the resulting move could predict a further move up. A bullish move towards the 148.2 zone looks possible.
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