Analysis of the USD/JPY currency pair for October 27, 2026

Currency pair analysis based on modified wave analysis, Fibonacci levels, and price channels.

October 27, 2026

USD/JPY

Downtrend. The currency pair is trading between the 365 EMA and 135 EMA. The upward wave structure is truncated. The Awesome Oscillator shows a bearish divergence, while the Stochastic Oscillator indicates an overbought condition.

Trading idea:

Sell upon the formation of a downward wave structure, where wave (A) breaks through the trendline (inclined channel) of the preceding truncated upward structure.

Stop Loss: 157.760

Target levels: 157.210; 156.670.