USD/JPY: Wave analysis and forecast for 27/04/2018 – 04/05/2018

ВThe pair USD/JPY is still likely to grow. Estimated pivot point is at a level of 107.81.Main scenario: long positions will be relevant from corrections above the level of 107.81 with a target of 110.82 – 112.07.Alternative scenario: breakout and consolidation below the level of 107.81will allow the pair to continue declining to a level of 104.55.Analysis: Supposedly, an ascending impetus continues to form as the first wave 1 of (C) within the 4-hour time frame. Apparently, the third wave of junior level iii of 1 is forming now. If this assumption is correct, the pair will continue to rise to 110.82 – 112.07. The level 107.81 is critical in this scenario.

USD/JPY: Wave analysis and forecast for 27/04/2018 – 04/05/2018


USD/JPY: Wave analysis and forecast for 27/04/2018 – 04/05/2018


USD/JPY: Wave analysis and forecast for 27/04/2018 – 04/05/2018

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