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 156.45, its lower boundary is at 156.09, and its width is 36 points. A short position may be considered below the lower boundary at 156.09, with a potential target at 155.87.

The Double Top pattern has formed on the USDJPY M15 chart and signals a potential reversal from an uptrend to a downtrend. A break below the pattern base at 156.25 is likely to confirm further downward movement.

The Bullish Rectangle has formed on the USDJPY M5 chart. This is a trend continuation pattern bounded by the lower boundary at 156.27–156.27 and the upper boundary at 156.45–156.45. A breakout above the upper boundary is likely to signal a continuation of the uptrend.

The Double Top reversal pattern has formed on the USDJPY M5 chart. Its upper boundary is at 156.45, its lower boundary is at 156.29, and its width is 16 points. A break below the lower boundary is likely to confirm further downward movement toward 156.14.

The Double Bottom pattern has formed on the USDJPY H1 chart and signals a potential reversal from a downtrend to an uptrend. A long position may be considered after the price breaks above the upper boundary at 156.17. The projected move is based on the pattern width of 86 points.

The Double Bottom pattern has formed on the USDJPY M30 chart and signals a potential reversal from a downtrend to an uptrend. A long position may be considered after the price breaks above the upper boundary at 156.17. The projected move is based on the pattern width of 86 points.

The Double Bottom pattern has formed on the USDJPY M5 chart. Its upper boundary is at 156.17, its lower boundary is at 155.31, and its width is 86 points. A break above the upper boundary at 156.17 may confirm a trend reversal, with the pattern width defining the projected distance to a potential Take Profit level.

The Bearish Flag pattern has formed on the USDJPY M15 chart. Its lower boundary passes through 155.29/155.43, while its upper boundary passes through 155.45/155.59. The projected flagpole height is 47 points. The formation indicates that the downtrend is likely to continue. A break below 155.29 would confirm further downward movement.

The Bearish Pennant pattern has formed on the USDJPY M15 chart. It represents a brief consolidation before the price potentially resumes the prevailing trend. A short position may be considered if the price closes below the pattern low at 155.29.

The Triple Bottom pattern has formed on the USDJPY M5 chart. It has the following characteristics: resistance at 155.76; support at 155.31; pattern width of 45 points. If the confirmation resistance at 155.79 is broken, the price is likely to continue upward by at least 43 points.