USD/JPY: bulls going to test nearest resistance

USD/JPY: bulls going to test nearest resistance


The price is still rising and there isn't any reversal pattern so far. So, bulls are likely going to test the nearest resistance, which could be a departure point for a bearish correction. Anyway, we should have an eye on the next "Window" as a possible intraday target.


There's a "Shooting Star", but confirmation of this pattern is a quite weak. So, we could have an intraday downward correction and a new local high afterwards.



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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.


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