USD/JPY: Elliott wave analysis and forecast for 12.09.25 – 19.09.25
The article covers the following subjects:
Major Takeaways
- Main scenario: Consider short positions from corrections below the level of 149.18 with a target of 142.50 – 139.83. A sell signal: the price holds below 149.18. Stop Loss: above 150.50, Take Profit: 142.50 – 139.83.
- Alternative scenario: Breakout and consolidation above the level of 149.18 will allow the pair to continue rising to the levels of 154.80 – 158.85. A buy signal: the level of 149.18 is broken to the upside. Stop Loss: below 147.70, Take Profit: 154.80 – 158.85.
Main Scenario
Consider short positions from corrections below the level of 149.18 with a target of 142.50 – 139.83.
Alternative Scenario
Breakout and consolidation above the level of 149.18 will allow the pair to continue rising to the levels of 154.80 – 158.85.
Analysis
On the weekly time frame, an ascending wave of larger degree 3 has formed, and a downward correction appears to be continuing as the fourth wave 4, which is likely taking the shape of a triangle. On the daily time frame, wave (D) of 4 has presumably been completed, and wave (E) of 4 is forming. On the H4 time frame, wave A of (E) appears to be developing, within which a local correction has finished as the second wave ii of A, and the third wave iii of A is unfolding. If this assumption is correct, USD/JPY will continue to decline to 142.50 – 139.83. The level of 149.18 is critical in this scenario as a breakout will enable the pair to resume rising to the levels of 154.80 – 158.85.
This forecast is based on the Elliott Wave Theory. When developing trading strategies, it is essential to consider fundamental factors, as the market situation can change at any time.
Price chart of USDJPY in real time mode
The content of this article reflects the author’s opinion and does not necessarily reflect the official position of LiteFinance broker. The material published on this page is provided for informational purposes only and should not be considered as the provision of investment advice for the purposes of Directive 2014/65/EU.
According to copyright law, this article is considered intellectual property, which includes a prohibition on copying and distributing it without consent.
