USD/JPY: bullish "Hammer"

USD/JPY: bullish "Hammer"


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.


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.



EUR/USD: bearish 'High Wave'

We should keep an eye on the lower 'Window' as the next intraday target. A pullback from this level could be a starting point for...



Morning brief for June 2

Today’s news headline is that Trump officially announced the withdrawal of the US from the Paris climate agreement…

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