USD/JPY: bulls going to test "Window"

USD/JPY: bulls going to test "Window"

USD/JPY: bulls going to test "Window"

The price as approaching the upper “Window”, but we still don’t have any reversal pattern. So, if we see a pullback from the “Window”, there’ll be an opportunity to have a downward correction towards the Moving Averages.

USD/JPY: bulls going to test "Window"

The last candles are bullish, but the price has reached the nearest resistance, so we could have a local correction during the day. Meanwhile, bulls are likely going to continue pushing the price even higher afterwards.



EUR/USD: "V-Top" pattern

The pair is likely going to test the nearest support at 1.2313. If a pullback from this level happens little later on...



Morning brief for May 30

 Growing concerns over Greek bailout, early elections in Italy and comments by the ECB President Mario Draghi about the need to maintain the bank’s extraordinary amount of monetary policy support…

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