USD/JPY: 'Gravestone Doji'

USD/JPY: 'Gravestone Doji'

0504usdjpyH4 (3).png

The last bullish 'Hammer' led to the current upward price movement. However, if we have a pullback from the nearest resistance area, there'll be time for a bearish correction towards the Moving Averages.

0504usdjpyH1 (3).png

There's a 'Gravestone Doji', which has been formed at the last local high. Meanwhile, if a pullback from the closest support forms in the coming hours, bulls are likely going to deliver a new local high.



AUD/USD on its way to reach new highs

AUD/USD has been trading in a rebound made from the 200 SMA at H1 chart, which is helping to strengthen the bullish bias across the board and put the pair in the scenario to reach the Fibonacci zone of -23…


Morning brief for June 2

Today’s news headline is that Trump officially announced the withdrawal of the US from the Paris climate agreement…

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