The dollar yen is moving in a sideways direction, expected to drop from the resistance area at 113.77 levels, to target the support area at 112.71 levels. But in the event that an hourly candle closes above 114.23, we expect the rise to continue and target the second resistance area at 114.78 levels.
The Canadian Yen is moving in a bearish price channel. I expect the bearish trend to continue from the resistance area at 88.06 levels, to target the support area at the lower channel wall at 86.65 levels, from which it is expected to form the bottom of the week and target the resistance area again […]
The euro yen is moving in a descending price channel. The decline is expected to continue from the resistance area at 128.50 levels, to target the support area at 126.91 levels as a first target until the second support area at 125.35 levels, from which we expect the week’s bottom to form. But in the […]
The dollar is moving in a bearish pattern. We expect a corrective bullish wave from the support area at 112.64 levels, to target the resistance area at 113.71 levels, and from the resistance area, we expect the week’s top to form. But in the event that the four-hour candle closes below the level of 112.31, […]
The dollar yen today is still moving in a sideways direction, expecting an upward trend from the support area at 112.57 levels, to target the resistance area at 113.44 levels, including the formation of the week’s top and the completion of the decline, targeting the support area at 111.09 levels.