Tag - jpy - japanese yen

The last bearish “Doji” pushed the market lower. Also, the 55 Moving Average acted as a resistance.

On the daily chart, EUR/JPY is trading within descending channel…

USD/JPY tested 110…

The 55 Moving Average acted as a resistance, so we’ve got a “Doji” on this line. Considering a confirmation of this pattern, the market is likely going to test the nearest support.

On the USD/JPY daily chart, quotes went our from the downward trading channel and broke up the resistance area of 111…

The euro suffered substantial losses overnight after we received softer than expected German and Spanish inflation releases…

We’ve got a “Tweezers” and an “Engulfing”, which both have been confirmed.

The UK has finally filed its divorce papers yesterday…

Bearish Ichimoku Cloud, but rising Senkou Span A; a cancelled dead cross of Tenkan-sen and Kijun-sen; the prices are under resistance of Senkou Span A.

We’ve got a local bearish “Harami”, which has been confirmed enough, so the current downward correction is likely going to be continued.

US dollar rose rejuvenated from its ashes to live another bullish cycle…

USD/JPY broke support zone Next sell target - 109…