USD/JPY: bearish 'Engulfing'

USD/JPY: bearish 'Engulfing'

1604usdjpyH4 (1).png

There's a bearish 'Engulfing', which has been confirmed enough. However, if the 144 Moving Average acts as support, the market is likely going to test the upper 'Window' shortly.

1604usdjpyH1 (1).png

We've got a bullish 'Hammer', which has been formed on the 55 Moving Average. At the same time, the nearest support is likely going to be tested once again in the short term.

jpy

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EUR/GBP plummeted across the board during April 26th journey, as the sellers have been actively pushing the pair to the downside and below the 200 SMA at H1 chart…

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