The yen, bonds, and gold favored havens in times of stress, strongly bid after big news of the US launching 59 missiles against Syria’s Shayrat air base in response to a deadly chemical attack in a rebel-held area on Tuesday…
Expanding bearish Ichimoku Cloud, falling Senkou Span A; a new dead cross of Tenkan-sen and Kijun-sen; the prices are on the strong support.
The 34 Moving Average acted as a resistance, so we’ve got a “High Wave”. However, there’s also a “Morning Star”.
On the USD/JPY daily chart, the bulls failed to push quotes outside the downward trading channel…
Traders were toiling like galleys slave overnight as there were plenty of economic releases that led to some intraday moves…
CAD/JPY reached sell target 82…
There’re a bullish “Engulfing” and a “Tower”, so bulls are likely going to test the nearest “Window” during the day.
CHF/JPY broke strong support zone Next sell target - 109…
AUD/JPY falling inside waves (iii) and C Next sell target - 82…
If any bullish pattern arrives on the closest support line, the pair is likely going to test the nearest resistance.
CAD/JPY reversed from resistance zone Next sell target - 82…
Technically, USD/JPY should remain under pressure of the daily Ichimoku Cloud and the dead cross of the 50- and 100-day Moving Averages…
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