USD/JPY: Elliot wave analysis
Daily. USD/JPY is finishing the global rising wedge which represents wave 1 of the upside impulse.
Chart. Daily USD/JPY
H4. The pair’s moving strictly in accord with the forecast. After it had finished the wave (IV), we saw a powerful rising wave (V), which is now close to its end.
Chart. H4 USD/JPY
H1. The detailed marking on H1. The pair will soon finish the wave V and the global decline will start.
Chart. H1 USD/JPY