{"id":105331,"date":"2017-04-28T06:56:35","date_gmt":"2017-04-28T10:56:35","guid":{"rendered":"http:\/\/countingpips.com\/?p=105331"},"modified":"2017-04-28T06:56:35","modified_gmt":"2017-04-28T10:56:35","slug":"usdjpy-bullish-wolfe-wave-structure","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2017\/04\/usdjpy-bullish-wolfe-wave-structure\/","title":{"rendered":"USD\/JPY Bullish Wolfe Wave Structure"},"content":{"rendered":"<div id=\"inves-2064242973\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">April 28, 2017<\/div><hr style=\"border: none; border-bottom: 3px solid black;\">\r\n<\/div><\/div><p><b>By Admiral Markets<\/b><\/p>\n<p><img decoding=\"async\" src=\"https:\/\/fxmedia.s3.amazonaws.com\/articles\/2017-04-28_11-15-20-1.png\"><\/p>\n<p>As inflation numbers fail to impress in Japan, along with contracting household spending, unemployment numbers do improve, but this could all be symptomatic of a nation in population decline and a shrinking labour force. On the other hand, USD data was largely negative this week, but safe haven flows failed to make the JPY stronger than USD. In my opinion, with Macron likely to win the French Presidential elections, its likely to see a risk-on environment continue, and you should be going long on the dips on this pair.<\/p>\n<p>Technically, we see a bullish Wolfe Wave structure on USD\/JPY where target for this move is 111.55. When 1-4 line is hit (target line) we should either see a breakout or rejection. Breakout above 111.55 should target 111.80 zone. However a rejection from 111.55 could drop the pair to POC zone 110.75-90 where new wave of buyers could appear targeting 111.50 and 111.80 again.<\/p>\n<p>Follow <a href=\"https:\/\/twitter.com\/TarantulaFX\" target=\"_blank\">@TarantulaFX<\/a>on twitter for latest market updates<\/p>\n<p><b>Article by Admiral Markets<\/b><\/p>\n<p>Source: <a href=\"https:\/\/admiralmarkets.com\/analytics\/technical-analysis\/usd-jpy-bullish-wolfe-wave-structure\" target=\"_blank\">USD\/JPY Bullish Wolfe Wave Structure<\/a><\/p><div id=\"inves-2935910661\" class=\"inves-in-content inves-entity-placement\"><hr style=\"border: 1px solid #ddd;\">\r\n<div id=\"inpost_ads_header\">\r\n<p style=\"font-size:10px; float:left; color:#666;\">Free Reports:<\/p><\/div>\r\n<div id=\"inpost_ads\"> \r\n<p style=\"font-size:15px; float:left;\"><a href=\"https:\/\/goo.gl\/1ApBOV\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/investmacro.com\/wp-content\/uploads\/2018\/06\/graph_techs_PD.png\" align=\"left\" width=\"80\"  height=\"55\"\/><\/a>\r\n\t     <a href=\"https:\/\/goo.gl\/1ApBOV\"><b><u>Get Our Free Metatrader 4 Indicators<\/u><\/b><\/a> - Put Our Free MetaTrader 4 Custom Indicators on your charts when you join our Weekly Newsletter<\/p><br><br>\r\n<br>\r\n<br>\r\n<p style=\"font-size:15px; float:left;\"><a href=\"https:\/\/goo.gl\/f3RrHX\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/investmacro.com\/wp-content\/uploads\/2019\/01\/cot_pie_80.png\" align=\"left\" width=\"80\"  height=\"55\"\/><\/a>\r\n\t    <a href=\"https:\/\/goo.gl\/f3RrHX\"><b><u>Get our Weekly Commitment of Traders Reports<\/u><\/b><\/a> - See where the biggest traders (Hedge Funds and Commercial Hedgers) are positioned in the futures markets on a weekly basis.<\/p><br><br>\r\n<\/div>\r\n<hr style=\"border: 1px solid #ddd;\">\r\n<br><\/div>\n<hr style=\"border: 1px dotted #eee;\"><a href=\"http:\/\/www.admiralmarkets.com\/\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/countingpips.com\/articles-analysis\/wp-content\/uploads\/2016\/03\/AdmiralMarkets-sig-1.png\" align=\"left\" height=\"87\" width=\"141\"><\/a><\/p>\n<p style=\"text-align: justify;\">Admiral Markets is a leading online provider, offering trading with Forex and CFDs on stocks, indices, precious metals and energy.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Admiral Markets As inflation numbers fail to impress in Japan, along with contracting household spending, unemployment numbers do improve, but this could all be symptomatic of a nation in population decline and a shrinking labour force. On the other hand, USD data was largely negative this week, but safe haven flows failed to make [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-105331","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/105331","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=105331"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/105331\/revisions"}],"predecessor-version":[{"id":105332,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/105331\/revisions\/105332"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=105331"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=105331"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=105331"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}