The price is still consolidating in a tight range. However, the last bullish "Hammer" is on the table.
Tag - jpy - japanese yen
There's a consolidation, which is taking place on the four-hours chart. The 34 Moving Average is acting as resistance.
CAD/JPY reversed from support zone Next buy target - 83…
There's a "Tweezers" pattern at the local high, but the last bullish "Hammer" is still on the table.
USD/JPY fell to 110…
Neutral Ichimoku Cloud, Senkou Span A and B have a same value; a dead cross of Tenkan-sen and Kijun-sen, falling Tenkan-sen; the prices are on Senkou Span B.
There isn't any reversal pattern so far, which means the nearest support level is likely going to be tested once again.
There isn't any reversal pattern, so the current decline is going to be continued until any bullish pattern arrives.
The 21 Moving Average is acting as support, so the price is likely going to test the nearest resistance.
The market is consolidating along the "Window". Also, there's a "High Wave" pattern at the local high.
The 55 Moving Average has acted as a support, so we've got an "Inverted Hammer", which has been confirmed enough.