![USD/JPY: price reached the](/storage/article/6214/preview/AcM1WKpXvrTw3stc_2560x600_q70.jpg)
There isn't any reversal pattern so far, so the price is likely going to continue moving down...
In-depth technical & fundamental analysis for currencies & commodities
There isn't any reversal pattern so far, so the price is likely going to continue moving down...
We could have a correction in the coming hours towards the nearest support area, which is likely going to be...
It seems like bulls are going to reach the next resistance at 1.3612 - 1.3656 in the coming hours...
The main intraday target is the next resistance at 1.2164. If a pullback from this level happens...
The Australian dollar is continuing to strengthen its position at the market…
Recommendation: SELL 0…
Recommendation: BUY 1…
Bearish Ichimoku Cloud with falling Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen with falling lines; but the market is oversold and placed on the strong daily support.
Expanding bullish Ichimoku Cloud with rising Senkou Span A; a new golden cross of Tenkan-sen and Kijun-sen with rising lines; the prices are breaking out SSA’s resistance.
GBP/NZD broke support area Next sell target - 1…
NZD/USD broke resistance zone Next buy target - 0…
Background Let’s look at the background of the price dynamics…
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