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

The Double Top pattern has been formed on USDJPY M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 157.35 is broken, the downward movement will continue.

On the chart of USDJPY H1 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 157.39; the lower boundary 156.90; the width of the pattern 49 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 156.50 level.

The Double Top pattern has been formed on USDJPY M30. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 156.90 is broken, the downward movement will continue.

According to the chart of M30, USDJPY formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 156.73/157.10 whereas the upper border goes across 157.40/157.10. If the Bullish Symmetrical Triangle pattern is in progress, this evidently signals a further upward trend. In other words, in case the scenario comes true, the price of USDJPY will breach the upper border to head for 157.40.

According to the chart of M30, USDJPY formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 157.40/157.10 whereas the lower border goes across 156.73/157.10. The pattern width is measured on the chart at 67 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 157.10 is broken, the price could continue its move toward 157.40.

According to the chart of M15, USDJPY formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 156.72/157.10 whereas the upper border goes across 157.40/157.10. If the Bullish Symmetrical Triangle pattern is in progress, this evidently signals a further upward trend. In other words, in case the scenario comes true, the price of USDJPY will breach the upper border to head for 157.32.

According to the chart of M30, USDJPY formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 156.96/157.12 whereas the upper border goes across 157.28/157.12. If the Bullish Symmetrical Triangle pattern is in progress, this evidently signals a further upward trend. In other words, in case the scenario comes true, the price of USDJPY will breach the upper border to head for 157.42.

According to the chart of M15, USDJPY formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 156.97/157.12 whereas the upper border goes across 157.28/157.12. If the Bullish Symmetrical Triangle pattern is in progress, this evidently signals a further upward trend. In other words, in case the scenario comes true, the price of USDJPY will breach the upper border to head for 157.35.

According to the chart of M5, USDJPY formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 156.98/157.12 whereas the upper border goes across 157.22/157.12. If the Bullish Symmetrical Triangle pattern is in progress, this evidently signals a further upward trend. In other words, in case the scenario comes true, the price of USDJPY will breach the upper border to head for 157.27.

The Double Top reversal pattern has been formed on USDJPY M5. Characteristics: the upper boundary 157.27; the lower boundary 157.06; the width of the pattern is 22 points. Sell trades are better to be opened below the lower boundary 157.06 with a possible movements towards the 156.91 level.