Narrowing bearish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen with the rising lines; the prices entered inside a Cloud and fixed up above Tenkan-sen.
Tag - jpy - japanese yen
Recommendation: SELL 107…
Recommendation: SELL 132…
We're likely going to have a local bearish correction. Anyway, bulls will probably try to reach the next "Window" afterwards...
There's a bullish "Harami", which has been confirmed, so the price reached the 21 MA. However, there's no any bearish pattern...
Narrowing bearish Ichimoku Cloud with falling Senkou Span B; a dead cross of Tenkan-sen and Kijun-sen, but narrowing channel of the lines; the market is in correctional movement to the Cloud.
The marker is likely going to reach the 21 Moving Average. If a pullback from this line happens little later on...
The recovery of the US dollar turned out to be brief…
We've got a bullish "Harami", which hasn't been confirmed yet. So, it's likely to have an upward correction in the short term...
USD/JPY broke support zone Next sell target - 105…
If the 34 Moving Average acts as resistance, there'll be an opportunity to have another bearish price movement...
Recommendation: SELL 107…