GBP/JPY rising inside minor corrective wave (ii) Next buy target - 150…
Tag - jpy - japanese yen
There's no any reversal pattern so far, which means we should keep an eye on the next resistance at 111.46 as...
Expanding bullish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen with rising Tenkan-sen.
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The 55 MA is likely going to act as support. A pullback from this line could be a departure point for a bullish price movement...
The USD index declined last week…
We should keep an eye on the nearest resistance at 110.83 as a possible departure point for another decline...
Expanding bullish Ichimoku Cloud with rising Senkou Span A; a correctional dead cross of Tenkan-sen and Kijun-sen with rising Tenkan-sen.
If a pullback from the nearest resistance at 110.83 happens next, the price is likely going to reach the previously tested support...
The main intraday target is the upper 'Window' (110.67). If we have a pullback from this level, bears will probably try to reach...
On H1 of USD/JPY, bears have a chance to trigger the “Widening wedge” pattern.
On the daily chart, EUR/JPY is fighting for an important level of 128.85. If buyers win, the odds of triggering “Ideal butterfly” and “Shark” patterns with targets at 127.2% and 88.6% will increase.