News & Analysis at your fingertips.

We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site. See our updated Privacy Policy here.



Notifications below are based on filters which can be adjusted via Economic and Webinar Calendar pages.

Live Webinar

Live Webinar Events


Economic Calendar

Economic Calendar Events

Free Trading Guides
Please try again
More View more
Guest Commentary: USD/JPY remains sideways but bullish

Guest Commentary: USD/JPY remains sideways but bullish

Eric Morera, Technical Strategist

USDJPY remains in a sideways consolidation with a bullish bias. This sideways consolidation can play out in a number of different ways as far as Elliott wave patterns go but strategy remains to look to buy the dips rather than selling rallies. Timing cycles are calling for a low on 10.4.2013.

If you liked the analysis, visit our website and sign up for 14 day trial. We cover 25 instruments in 4 different times and update 1 hour charts 4 times a day so you are never left in the dark.

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.