USD/JPY: consolidation above "Window"

USD/JPY: consolidation above "Window"


The price is still consolidating above the upper "Window". Also, there are a "Tweezers" and an "Engulfing" patterns, which both have been formed at the last high. So, bears are likely going to test the 89 Moving Average soon.


There's an opportunity to have any bullish pattern on the achieved "Window" level. If so, we're likely going to have a local upward correction. Nevertheless, bears will try to deliver another decline.



USD/JPY: bullish 'High Wave'

The main intraday target is the next resistance at 113.53, which could be a starting point for a bearish correction...



EUR/USD: euro hung on Tenkan-Kijun

Narrowing bearish Ichimoku Cloud with rising Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen, but rising Tenkan-sen; the bulls could breakout the Kijun’s resistance.

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