Elliott Wave Technical Analysis: U.S. Dollar/Japanese Yen - Thursday, Oct. 24 By: TalkMarkets October 24, 2024 at 12:40 PM EDT The currency pair is positioned within wave 1, indicating that the initial phase of the impulsive cycle is still active. Read More >> Related Stocks: Invesco CurrencyShares Japanese Yen Trust Invesco DB USD Index Bullish Fund ETF