empty
 
 
05.01.2023 08:22 AM
Elliott wave analysis of USD/JPY for January 5, 2023

This image is no longer relevant

USD/JPY recovered nicely yesterday and broke without problems through minor resistance at 130.73 telling us, that wave A has completed and wave B now is unfolding towards the ideal target seen near 141.25. The next hurdle to look for is seen at 134.45 and we do expect the first attempt to break above here to be rejected for a corrective decline towards at least the 132.10 - 132.60 area before the next attempt to break through for a continuation towards the 141.25 target.

Short-term we see support near 131.42 which we expect will act as a floor for the rally towards 134.45.

Torben Melsted,
Analytical expert of InstaForex
© 2007-2024
通过InstaForex赚取加密货币汇率变动的收益。
下载MetaTrader 4并开启您的第一笔交易。
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $9000 more!
    In May we raffle $9000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

推荐文章

现在无法通话?
提出您的问题,用 在线帮助.
Widget callback