USD/JPY: 'Three Methods' led bullish rally
There's no any reversal pattern so far, which means the market could continue moving up in the coming hours...
CAD/JPY reversed from support zone
- CAD/JPY reversed from support zone
- Next buy target - 83.70
CAD/JPY continues to rise after the earlier upward reversal from the support zone lying between the powerful support level 80.80 (which reversed the price with the daily hammer in the middle of May and also in April, as can be seen below) and the lower daily Bollinger Band. The latest upward reversal from this support zone stopped the previous minor correction (ii). CAD/JPY is expected to rise to the next buy target at the next resistance level 83.70 (top of the pervious impulse wave 1 from May).
Dmitry Chernovolov
Similar
EUR/USD: bearish 'High Wave'
We should keep an eye on the lower 'Window' as the next intraday target. A pullback from this level could be a starting point for...
GBP/USD: price declining under Moving Averages
The main intraday target is the next support at 1.3380 - 1.3344. A pullback from these levels could be a starting point for...
Popular
AUD/USD: bulls cant breaking out SSB’s resistance
Narrow bearish Ichimoku Cloud, horizontal Senkou Span A and B; a new weak golden cross of Tenkan-sen and Kijun-sen; the prices are three way bounced from the SSB’s resistance.
Morning brief for June 2
Today’s news headline is that Trump officially announced the withdrawal of the US from the Paris climate agreement…
Highlights of the ECB meeting and press conference.
The European Central Banks left its key interest rates…
Deposit with your local payment systems
