There's a bearish "Harami" at the last high. Therefore, the pair is likely going to test the 21 Moving Average in the short term...
Tag - jpy - japanese yen
Expanding bullish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen; the prices are under the strong resistance near 113.50/60 and the market is overbought.
USD/JPY broke resistance level 112…
There isn't any reversal pattern so far. In this case, the market is likely going to continue moving up until...
Expanding bullish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen, with rising lines; the prices are under strong resistance and the market is overbought.
If a pullback from the nearest resistance happens, we could have a downward correction towards the Moving Averages...
GBP/JPY reversed from resistance zone Next sell target - 147…
EUR/JPY reversed from resistance zone Next sell target - 131…
Recommendation: BUY 113…
Recommendations: BUY 134…
All the Moving Averages have been broken. In this case, the pair is likely going to test the nearest support...