USDJPY Outlook

USDJPY Outlook

Since one of our customers asked if our Elliott Wave Trend can be used for other currency pairs. We present the market Outlook for USDJPY.

Currently Wave strucure of USDJPY is downwards but counting is rather unclear.

One of the screnario indicates the possible born of new wave 1. but let’s see. This is one of the scenario only.

Note that we have used Wave Factor A and Wave Factor B greater than 10. For some curreny pairs can have quite high Wave Factor A and Wave Factor B values.

USDJPY Outlook

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Kind regards.