USD/JPY: bullish "Hammer"

USD/JPY: bullish "Hammer"

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We've got a bullish "Hammer", which has been confirmed. Also, there's a "Doji" on the 144 Moving Average, but this pattern remains unconfirmed. So, bears are likely going to test the nearest support level shortly.

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We've got bearish patterns such a "High Wave" and a "Harami", so we could have a correction in the direction of the lower "Window". If a pullback from this level happens, there'll be an opportunity to have another upward price movement.

jpy

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EUR/USD: bearish 'Harami'

The pair is likely going to test the 34 & 55 Moving Averages in the short term. A pullback from these lines could be a departure point...

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EUR/USD: euro hung on Tenkan-Kijun

Narrowing bearish Ichimoku Cloud with rising Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen, but rising Tenkan-sen; the bulls could breakout the Kijun’s resistance.

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