Time-cycle analysis suggests that the Japanese Yen could slide significantly lower against its major counterparts.
Inverse Head and Shoulders pattern hints at extended gains for AUD/JPY .
EUR/JPY rates challenging long-term trend resistance.
GBP/JPY poised to push to multi-year highs. Advertisement
Long-term cycle analysis suggests that the haven-associated Japanese Yen is at risk of a prolonged period of weakness against its major counterparts. Here are the key levels to watch for AUD /JPY, EUR /JPY and GBP /JPY in the coming weeks. JPY Index* Monthly Chart Extended Losses on the Cards
JPY Index* monthly chart created using Tradingview