The most understandable situation is currently developing for the USD/JPY pair. Earlier, after the completion of the development of the diagonal in wave 5, an upward lead was formed here. Now, the price is correcting...

The buyers were not allowed to make the final push to the upper generatrix of the supposed diagonal. Instead, a reversal occurred and the price went down. Probably, wave [v] of v turned out to...

The pair ended the last trading week with a decline. Most likely, this is an impulse that is part of a corrective pattern, but which one - it is difficult to say at the moment....

For the trading pair under consideration, the situation is fully developing as expected. On the first try, the dollar was not allowed to resume its strengthening, by pushing the American currency rate to local minimums....

The situation has not received further development yet. The whole past day and the beginning of today was held in trading in a narrow price range right along the designated level. In the near future,...