USD/JPY: bears going to push price even lower

USD/JPY: bears going to push price even lower

The main trend is still bearish. Also, there’s a “Three Methods” pattern, which hasn’t been confirmed yet. Therefore, the price is likely going to get a resistance on the nearest “Window”, which could be a departure point for another decline. So, we could have a new local low soon.

As you can see on the one-hour chart, there’s a local bullish “Hammer” at the last low. At the same time, if any bearish pattern arrives on the nearest resistance level in the coming hours, there’ll be an opportunity to have another decline.



Latest news

GBP/USD: pound entered into channel Tenkan-Kijun

Bullish Ichimoku Cloud with horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen with horizontal lines; the market is under strong resistance and prices entered into the channel Tenkan-Kijun.


Deposit with your local payment systems


A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later

Beginner Forex book

Beginner Forex book will guide you through the world of trading.

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera