USD/JPY: confirmed bullish 'Hammer'

USD/JPY: confirmed bullish 'Hammer'


There's a bullish 'Hammer', which has been confirmed. So, the price is likely going to achieve the 34 Moving Average in the short term. Meanwhile, this line could be a starting point for another decline towards the next support at 110.45.


The last bearish 'High Wave' is still unconfirmed, so there's an opportunity to have a local upward price movement. In this case, we should keep an eye on the closest resistance at 111.50 as an intraday bullish target.



Latest news

GBP/USD: levels to trade

GBP/USD has been consolidating between 1.30 and 1.2770 for the past month. The pair met resistance at the resistance line connecting October and November highs.

Deposit with your local payment systems


A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later

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