{"id":45153,"date":"2013-12-09T06:41:56","date_gmt":"2013-12-09T11:41:56","guid":{"rendered":"http:\/\/countingpips.com\/forex-news\/?p=45153"},"modified":"2013-12-09T06:41:56","modified_gmt":"2013-12-09T11:41:56","slug":"usdjpy-looks-104-elliott-wave-forecast","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex-news\/2013\/12\/09\/usdjpy-looks-104-elliott-wave-forecast\/","title":{"rendered":"USDJPY Looks For 104 \u2013 Elliott Wave Forecast"},"content":{"rendered":"<p><b>USDJPY Daily<\/b><\/p>\n<p>USDJPY accelerated nicely to the upside in the last few weeks after breaking above 100.60 swing high that represents a wave D) high in a triangle. Usually when this high is broken it means that triangle is complete and that market is moving impulsively. With that said, we think that prices are in a red wave 3) of (5) moving up towards new highs. USDJPY is now in bullish move as long as pair trades above 99.50.<\/p>\n<p><img decoding=\"async\" alt=\"USDJPY Daily Elliott Wave\" src=\"http:\/\/media.barchart.com\/cm\/users\/26478\/1\/USDJPY%20Elliott%20Wave%20D12913.png\" \/><\/p>\n<p><b>USDJPY 4h<\/b><\/p>\n<p>USDJPY has retraced back to 101.60 last week where three wave decline appears complete after recent rally above above 103.00 level. We are talking about wave 4 pullback that is now pointing higher for wave 5 move towards 104.40-105.40 projected target as long as 101.60 holds.<\/p>\n<p><img decoding=\"async\" alt=\"USDJPY 4h Elliott Wave\" src=\"http:\/\/media.barchart.com\/cm\/users\/26478\/1\/USDJPY%20Elliott%20Wave%20412913.png\" \/><\/p>\n<p>Written by <span style=\"text-decoration: underline;\"><a href=\"http:\/\/www.ew-forecast.com\">www.ew-forecast.com<\/a><\/span><\/p>\n<p><a href=\"http:\/\/www.ew-forecast.com\/register\"><img loading=\"lazy\" decoding=\"async\" alt=\"2 week trial\" src=\"http:\/\/media.barchart.com\/cm\/users\/26478\/1\/2%20Week%20For%20Euro%201.jpg\" width=\"448\" height=\"149\" \/><\/a><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>USDJPY Daily USDJPY accelerated nicely to the upside in the last few weeks after breaking above 100.60 swing high that represents a wave D) high in a triangle. Usually when this high is broken it means that triangle is complete and that market is moving impulsively. With that said, we think that prices are in &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/forex-news\/2013\/12\/09\/usdjpy-looks-104-elliott-wave-forecast\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;USDJPY Looks For 104 \u2013 Elliott Wave Forecast&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-45153","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/45153","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/comments?post=45153"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/45153\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/media?parent=45153"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/categories?post=45153"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/tags?post=45153"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}