Tag - jpy - japanese yen

Recommendation: BUY 111…

There's a "Hammer", which was formed on the lower "Window". If this pattern confirms, the pair is going to test the 21 MA.

Bearish Ichimoku Cloud with falling Senkou Span A; a cancelled dead cross of Tenkan-sen and Kijun-sen, horizontal lines; the prices are made the new low – waiting for the correction to Tenkan an Kijun.

GBP/JPY has started to correct its structure from 147…

The 89 Moving Average has acted as resistance, so we've got an "Engulfing" pattern, which has been confirmed.

The last bullish "High Wave" pattern has been confirmed, so the price reached the 21 Moving Average. However...

EUR/JPY has been finding support around the key Fibonacci demand area of 50% and 61…

CAD/JPY reversed from resistance zone Next sell target - 87…

The lower "Window" has acted as support, so we've got a "Harami" pattern on this level. The main intraday target is the 34 MA.

On the daily chart, bears managed to pull the pair below 110…

Bearish Ichimoku Cloud with falling Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen with the falling lines; the prices are made the new lows, but the market is oversold.

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