EUR/USD: wave (iv) started

EUR/USD: wave (iv) started

EUR/USD: wave (iv) started

Wave (iii) has been ended on 7/8 MM Level, so it’s time for correction. In this case, bears are likely going to form wave (iv) in the short term. The main intraday target is 4/8 MM Level.

EUR/USD: wave (iv) started

We’ve got a pullback from 7/8 MM Level on the one-hour chart as well. So, there’s an opportunity to have wave a or w soon. Therefore, we should keep an eye on 5/8 MM Level as an intraday target.




USD/JPY: dollar is corrected to Kijun-sen

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.

USD/JPY: dollar can’t breakout SSA’s resistance

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.


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