FX.co ★ Patterns USDJPY | US Dollar (USD) to Japanese Yen (JPY) Rate in the Forex market

The Double Top reversal pattern has formed on the USDJPY M15 chart. Its upper boundary is at 158.00, its lower boundary is at 157.88, and its width is 12 points. A break below the lower boundary is likely to confirm further downward movement toward 157.65.

The Bullish Rectangle has formed on the USDJPY M5 chart. This is a trend continuation pattern bounded by the lower boundary at 157.72–157.72 and the upper boundary at 157.84–157.84. A breakout above the upper boundary is likely to signal a continuation of the uptrend.

The Double Top pattern has formed on the USDJPY M5 chart and signals a potential reversal from an uptrend to a downtrend. A break below the pattern base at 157.73 is likely to confirm further downward movement.

The Double Top reversal pattern has formed on the USDJPY M15 chart. Its upper boundary is at 157.65, its lower boundary is at 157.28, and its width is 37 points. A short position may be considered below the lower boundary at 157.28, with a potential target at 157.05.

The Double Top reversal pattern has formed on the USDJPY M5 chart. Its upper boundary is at 157.65, its lower boundary is at 157.28, and its width is 37 points. A short position may be considered below the lower boundary at 157.28, with a potential target at 157.13.

The Inverse Head and Shoulders pattern has formed on the USDJPY M30 chart. A break above the higher of the neckline anchors at 157.75/157.65 may confirm the bullish reversal.

The Double Top reversal pattern has formed on the USDJPY M5 chart. Its upper boundary is at 157.92, its lower boundary is at 157.82, and its width is 10 points. A short position may be considered below the lower boundary at 157.82, with a potential target at 157.67.

The Head and Shoulders pattern has formed on the USDJPY M30 chart. The head high is at 158.36, while the neckline passes through 157.67/157.71. The Head and Shoulders signals a potential reversal of the uptrend. A break below the lower neckline anchor may confirm the bearish reversal.

The Head and Shoulders pattern has formed on the USDJPY H1 chart. The head high is at 158.36, while the neckline passes through 157.67/157.71. The pattern may reverse the current uptrend. A break below the lower neckline anchor may confirm the bearish reversal.

The Double Top reversal pattern has formed on the USDJPY M15 chart. Its upper boundary is at 157.97, its lower boundary is at 157.87, and its width is 11 points. A short position may be considered below the lower boundary at 157.87, with a potential target at 157.65.