Elliott Wave Analysis: USDJPY Zigzag Correction Likely to Fail Below 149
The short-term Elliott Wave analysis for USDJPY indicates that the decline from the August 1, 2025, high is developing as a double three Elliott Wave structure. From that peak, wave ((w)) concluded at 146.2. The subsequent wave ((x)) rally formed another double three pattern at a lesser degree. Starting from wave ((w)), wave (w) reached 148.77, followed by a dip in wave (x) to 146.56. Wave (y) then climbed to 149.1, completing wave ((x)) at a higher degree.
Elliottwave-Forecast.com (by EME PROCESSING AND CONSULTING LLC) was founded in 2005 by Eric Morera. Since inception our company has provided tailored Financial Market Services to thousands of clients. ElliottWave-Forecast has built a reputation on accurate technical analysis and a winning attitude. By successfully incorporating the Elliott Wave Theory with Market Correlation, Cycles, Proprietary Pivot System, we provide precise forecasts with up-to-date analysis for 52 instruments including FX majors, Gold, Silver, Copper, Oil, TNX and major Equity Indices. Our clients also have immediate access to our proprietary Actionable Trade Setups, Market Overview, 1 Hour, 4 Hour, Daily & Weekly Wave Counts. Weekend Webinar, Live Screen Sharing Sessions, Daily Technical Videos, Educational Resources, and 24 Hour chat room where they are provided live updates and given answers to their questions.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.