USD/JPY: bears going to reach lower "Window"

USD/JPY: bears going to reach lower "Window"

1808usdjpyH4-1.png

There isn't any reversal pattern so far, which means we should keep an eye on the lower "Window" as an intraday target. If a pullback from this level happens, we could have an upward correction towards the Moving Averages.

1808usdjpyH1-1.png

We've got an "Inverted Hammer" and a "Tweezers" patterns, but both of them haven't been confirmed yet. So, there's an opportunity to have a local bullish correction and the following decline afterwards.

jpy

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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.

gbp

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