EUR/JPY broke key support level 131…
EUR/USD: "Shooting Star" on Moving Average
The lower "Window" acted as support once again. However, we've got a "Shooting Star" on the 55 Moving Average. So, the market is likely going to test the nearest support.
We've got a "Shooting Star" on the 144 Moving Average. This pattern has been confirmed, so bears are likely going to reach the closest support, which could be a departure point for another upward price movement.
There isn't any reversal pattern so far. If the 21 MA acts as resistance, we're likely going to have just another decline...
Expanding bullish Ichimoku Cloud with rising Senkou Span A; a cancelled golden cross of Tenkan-sen and Kijun-sen; the prices are returned to the support of Tenkan and Kijun and may go higher.
Narrow bearish Ichimoku Cloud with horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen, but the lines are horizontal; the Bulls can’t breaking out the resistance of upper border of the Cloud and the market may return to 113.00.