The last “Tweezers” led to an upward price movement, so the price achieved the Moving Averages.
Tag - jpy - japanese yen
Technical levels: support – 110…
On the USD/JPY daily chart, quotes returned to the borders of the downward trading channel…
50-day MA went below the 100-day one – a bearish sign…
Before we hear from the BOJ though, the US Federal Reserve will first take the stage and announce its rate decision on Wednesday, March 15…
The lower “Window” is acting as a support…
Today’s Asian session has been something of a variation on a theme with a bit stronger USD, lower commodity currencies, higher euro and soft pound…
On the EUR/JPY daily chart, there is a transformation of the inverted "Shark" pattern into 5-0…
The lower “Window” is acting as a support, so we’ve got a “Tweezers” pattern, but its confirmation isn’t enough…
Technical levels: support – 112…
There’s a bullish “Hammer”, which hasn’t been confirmed…