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 M5 chart. Its upper boundary is at 154.96, its lower boundary is at 154.82, and its width is 14 points. A break below the lower boundary is likely to confirm further downward movement toward 154.67.

The Bullish Pennant pattern has formed on the USDJPY M5 chart. This is a continuation pattern. If the price closes above the pennant high at 154.30, the uptrend is likely to continue.

The Bullish Symmetrical Triangle pattern has formed on the USDJPY M30 chart. This is a trend continuation pattern. Its upper and lower boundaries are at 154.68 and 153.85, respectively. The pattern width is 83 points. If the price breaks above the upper boundary at 154.68, it is likely to move toward 154.63.

The Bullish Symmetrical Triangle pattern has formed on the USDJPY M30 chart. Its lower boundary passes through 153.85/154.33, while its upper boundary passes through 154.68/154.33. The Bullish Symmetrical Triangle is a continuation pattern and therefore supports a further rise. If confirmed, USDJPY is expected to break the upper boundary and move toward 154.63.

The Double Bottom pattern has formed on the USDJPY M5 chart. Its upper boundary is at 154.09, its lower boundary is at 153.87, and its width is 23 points. A break above the upper boundary at 154.09 may confirm a trend reversal, with the pattern width defining the projected distance to a potential Take Profit level.

The Double Bottom pattern has formed on the USDJPY H1 chart. Its support is at 152.90, its resistance is at 154.43, and its width is 153 points. A break above resistance may confirm a trend reversal, with the first target projected 147 points away.

The Double Top reversal pattern has formed on the USDJPY M30 chart. Its upper boundary is at 154.40, its lower boundary is at 153.72, and its width is 68 points. A break below the lower boundary is likely to confirm further downward movement toward 153.42.

The Triple Top pattern has formed on the chart of USDJPY M15 and signals a possible trend reversal. After the third peak forms, a break below the confirmation support at 153.72 may confirm the bearish scenario. The projected peak-to-trough width is 16 points.

The Double Top reversal pattern has formed on the USDJPY M5 chart. Its upper boundary is at 154.39, its lower boundary is at 154.23, and its width is 17 points. A short position may be considered below the lower boundary at 154.23, with a potential target at 154.08.

The Triple Top pattern has formed on the chart of USDJPY M5 and signals a possible trend reversal. After the third peak forms, a break below the confirmation support at 153.69 may confirm the bearish scenario. The projected peak-to-trough width is 17 points.