USD/JPY: bullish 'Three Methods' pattern

USD/JPY: bullish 'Three Methods' pattern

0905usdjpyH4 (1).png

The 34 Moving Average has acted as support, so the pair is rising. There's no any reversal pattern so far, which means the market is going to climb even higher. Meanwhile, if any bearish model forms little later on, there'll be a green light for a downward correction.

0905usdjpyH1 (1).png

There's a bullish 'Three Methods' pattern, which has been formed above the Moving Averages. So, after a short break, the market is likely going to continue rising in the direction of the upper 'Window'.

jpy

Similar

Latest news

Deposit with your local payment systems

Learn more

Data collection notice

FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.

Callback

A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Next callback request for this phone number
will be available in 00:30:00

If you have an urgent issue please contact us via
Live chat

Internal error. Please try again later

Don’t waste your time – keep track of how NFP affects the US dollar and profit!

Beginner Forex book

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

Beginner Forex book

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