• 854 days Will The ECB Continue To Hike Rates?
  • 854 days Forbes: Aramco Remains Largest Company In The Middle East
  • 856 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,256 days Could Crypto Overtake Traditional Investment?
  • 1,261 days Americans Still Quitting Jobs At Record Pace
  • 1,263 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,266 days Is The Dollar Too Strong?
  • 1,266 days Big Tech Disappoints Investors on Earnings Calls
  • 1,267 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,269 days China Is Quietly Trying To Distance Itself From Russia
  • 1,269 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,273 days Crypto Investors Won Big In 2021
  • 1,273 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,274 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,276 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,277 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,280 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,281 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,281 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,283 days Are NFTs About To Take Over Gaming?
What's Behind The Global EV Sales Slowdown?

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

Is The Bull Market On Its Last Legs?

Is The Bull Market On Its Last Legs?

This aging bull market may…

  1. Home
  2. Markets
  3. Other

USD Seems Quite Strong Against GBP and JPY

Cable is not so aggressively down at the start of this week, but still bearish with no overlaps. We see an impulse in progress towards lower levels, within an extended blue wave (iii).

GBPUSD 1h Elliott Wave Analysis

GBPUSD 1-Hour Elliott Wave Analysis  Chart

USDJPY rallied today above 123.00 and reached lower side of our projected levels that we highlighted them this morning. Notice that rally from the past few days is very strong so we suspect that pair is making an extended black wave 3 at the moment. This wave already contains five smaller waves, so correction may occur in the sessions ahead. Ideally we will see wave 4 set-back.

USDJPY 30min Elliott Wave Analysis

USDJPY 30-Minute Elliott Wave Analysis Chart

 


Interested in our analysis? Subscribe Our Services Here >> http://www.ew-forecast.com/service

 

Back to homepage

Leave a comment

Leave a comment