USD/JPY: 'Hammer' led to bullish rally

USD/JPY: 'Hammer' led to bullish rally

2304usdjpyH4 (1).png

The price has been rising since the last 'Hammer' was formed. However, the pair is approaching the upper 'Window', which could be a departure point for a bearish correction.

2304usdjpyH1 (1).png

The price went through the 'Window', so there's a new local high. It's likely that the market is going to continue moving higher until any reversal pattern forms.



Latest news

XAU/USD: an attempt to recover

After forming a “hammer” candlestick on the D1 on Tuesday, XAU/USD rose to $1,467 and consolidated between this level and $1,461.

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