NZD/JPY falling inside minor impulse wave C Next sell target - 76…
USD/JPY: bearish "Shooting Star"
We've got a bullish "Hammer", but all the Moving Averages are acting as resistance, so the price is consolidating. So, the pair is likely going to test the lower "Window", which could be a departure point for another upward price movement.
There's a bearish "Shooting Star", which has been formed on the 55 Moving Average. Therefore, the market is likely going to test the lower "Window" in the coming hours.
We've got a bearish "High Wave", which has strong confirmation. In this case, the price is likely going to decline.
Growing concerns over Greek bailout, early elections in Italy and comments by the ECB President Mario Draghi about the need to maintain the bank’s extraordinary amount of monetary policy support…
The 144 Moving Average has acted as support, but there's a bearish "Engulfing' at the local high.