Is this USD/JPY bounce for real? Unlikely, says Elliott Waves theory
USD/JPY rallied more than 400 pips from the recent lows. The exchange rate reacted to the 38.2% retracement level.
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USD/JPY rallied more than 400 pips from the recent lows. The exchange rate reacted to the 38.2% retracement level.
EUR/JPY approaches levels not seen since 2017. A close above 150 would open the gates for more upside. 2023 price forecast.
Inflation in Japan climbed to a 40-year high in October, but the Bank of Japan keeps the policy unchanged. USD/JPY price forecast.
EUR/USD price forecast after it regained parity. The currency pair may rally some more as the Elliott Waves theory suggests.
EUR/USD crossed above parity today and it keeps squeezing higher. Where should it go according to the Elliott Waves Theory?