The cycles from 101.60 should be ending between 104.90 – 105.41 after which pair should make at least a 3 wave pull back. The trend & cycles are positive so we don’t like selling the pair and favour buying dips in 3, 7 or 11 swings after wave (( w )) / ( 3 ) completes.
$USDJPY: 1 Hour Elliott Wave Analysis
Forex
Subscribe to Get Free Market Insights
Professional Elliott Wave insights, charts, and forecasts to guide your trading decisions.
Related Articles
ForexNews
Elliott Wave Outlook: EURUSD 5‑Swing Structure From July 2 High Signals More Weakness
EURUSD maintains an incomplete bearish sequence from the January 27, 2026 peak, leaving room for...
ForexNews
GBPJPY Elliott Wave Outlook: Break to New High Confirms Bullish Trend
The GBPJPY pair has decisively broken to a new high, thereby confirming the prevailing bullish...
ForexNews
GBPUSD Elliott Wave Bearish Structure Calls for Further Weakness
GBPUSD continues to show an incomplete bearish sequence from the January 27, 2026 high, keeping...
