USD/JPY: "Engulfing" pushing price towards "Window"

USD/JPY: "Engulfing" pushing price towards "Window"

USD/JPY: "Shooting Star" pushing price towards "Window"

There’s a bearish “Engulfing”, but a confirmation of this pattern is a quite weak. Therefore, the price is likely going to reach the 89 Moving Average. If we see a pullback from this line, bulls are likely going to deliver a new local high.

USD/JPY: "Shooting Star" pushing price towards "Window"

The lower “Window” has acted as a support, but the last bearish “Engulfing” pattern is still on the table. Under this circumstances, the pair is likely going to test the “Window” once again during the day.



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GBP/USD: confirmed "Thorn" pattern

The last "Pennant" pattern has been broken, so bulls found resistance at 1.2915. Nevertheless, the market is likely going to move on, so we should...


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