Tag - jpy - japanese yen

EUR/JPY: short-term upside
EUR/JPY: short-term upside

EUR/JPY has reached the support line connecting 2018 lows and the lower weekly Bollinger band in the 125.50 area.

USD/JPY: the greenback is weaker
USD/JPY: the greenback is weaker

On the daily chart of USD/JPY, bears managed to reverse the uptrend due to the implementation of the "Three Indians" and "Spike and Ledge" patterns' combination.

EUR/JPY: let's sell the euro
EUR/JPY: let's sell the euro

On the daily chart of EUR/JPY, the implementation of the "Spike and Ledge" pattern, in particular, the fall of the pair below the lower border of the "ledge" between the 127.6 and 129.25 levels, made the pair reach the 88.6% target of the "Shark" pattern.

EUR/JPY: the EUR weakens
EUR/JPY: the EUR weakens

On the daily chart of EUR/JPY, the implementation of the "Broadening Wedge" pattern continues.

USD/JPY: sell the USD
USD/JPY: sell the USD

On the daily chart of USD/JPY, bears try to implement the combination of the "Three Indians" and "Spike and Ledge" reversal patterns based on the 1-2-3 one.

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