The AUD/JPY pair has recently broken out of a long-term descending trendline, signaling a strong shift in market structure. This breakout was supported by multiple bullish BOS (Break of Structure) and ChoCH (Change of Character) signals, indicating institutional buying interest. Price has since retested the breakout zone and is showing signs of continuation, now...
GBP/JPY is currently trading around 194.75, with bullish momentum building after a clean trendline breakout and seems to be testing its support around 194.5 area with a clear market structure. The pair shows signs of institutional accumulation and a potential continuation toward the 198.80 target.
A downward sloping trendline, which capped price since late...
USD/JPY is currently consolidating around the 144.00 level, suggesting the end of wave 4 within a 5-wave impulsive structure. Price action indicates potential for wave 5 to begin, with a projected target near 144.67.
Wave 1 to 3 appears clean and impulsive, with wave 3 extending strongly — a common trait in trending markets.
Wave 4 seems to be forming a flat or...
