CAD/JPY falling inside impulse wave 5 Next sell target - 81…
Daily Market Analysis
AUD/NZD reversed from resistance zone Next sell target 1…
The pair is likely going to reach the nearest resistance area, which could be a departure point for another decline...
The price is likely going to test the 21 Moving Average, which could be a departure point for another decline...
It's likely to have a bullish correction in the short term. However, if we see a pullback from the nearest resistance...
We should keep an eye on the next support at 1.2129 - 1.2050 as an intraday target. If a pullback from this area happens little later on...
GBP/JPY broke key support level 147…
AUD/JPY reversed from resistance zone Next sell target - 82…
USD/JPY continues to trade in a bullish recovery since February 16th lows and it seems we could expect further gains across the board, as the price action remains above the 200 SMA at H1 chart…
We've got an "Inverted Hammer" pattern. In this case, we're likely going to have a local upward correction soon...
However, we've got a bullish "High Wave" pattern, so there's an opportunity to have a local bearish correction in the short term...
The market is likely going to test the nearest resistance at 1.3979 - 1.4011. This area could be a departure point for...