USD/JPY: bearish 'Harami'

USD/JPY: bearish 'Harami'


There're bearish patterns such a 'Shooting Star' and a 'Harami'. Meanwhile, if a pullback from the Moving Averages happens little later on, the price is likely going to reach the next resistance at 112.00.


We've got a 'Hammer', which has been formed on the 144 Moving Average. However, this pattern doesn't have strong confirmation, so the pair is likely going to reach the next support at 111.06.



Latest news

XAU/USD: an attempt to recover

After forming a “hammer” candlestick on the D1 on Tuesday, XAU/USD rose to $1,467 and consolidated between this level and $1,461.

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