Elliott Wave Analysis of USDYen (JPY)

Elliott Wave analysis of USDYEN or JPY has not figured on WaveTmes for a long time. In fact, I haven’t published any currency analysis for a while. That is not to say I haven’t been looking at it. Treasurers of large corporations and hedge fund managers have been in...

Trading USDYEN with Elliott Waves

Hello Traders, Its been a few weeks since I updated this blog. Incidentally, I had not suggested any trade to the members of the Exclusive Club also for quite a while (if you leave out the trade on an Indian Stock that reached within a whisker of its profit...

USD/YEN trade idea

There has been a lot of noise recently about the strengthening Yen. On Friday, the currency pair has closed marginally above a downtrend line of resistance, and this potentially sets up a low-risk trade for the patient participant. I am not saying that we will see a...

Elliot Wave Analysis of GBP/JPY

The Sterling Yen cross has been a big mover in recent weeks, because not only the Pound got thrashed, but the Yen also strengthened simultaneously. Naturally, traders hop on board any trend that is clear! Here is you chart on Sterling Yen (GBP/JPY) with Elliot wave...

USD/YEN is a sell on next recovery

Anyone who has traded the Yen knows that it is a different animal from the rest of the pack. But there is one undeniable fact about this currency, it is a trending currency. Once it sets off on a trend, it stays with that trend for a long time. I am not going to say...