USD/JPY: 'Harami' and 'Hammer' patterns

USD/JPY: 'Harami' and 'Hammer' patterns

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The last bullish 'Harami' and 'Hammer' patterns have been confirmed, so the price is rising. The main intraday target is the upper 'Window' (109.80). A pullback from this level could be a starting point for another decline.

0106usdjpyH1 (1).png

There's a bullish 'Three Methods' pattern, which pushed the price higher. It's likely that after a short break, the market is going to reach the next resistance at 109.59.



GBP/USD: another 'V-Top' pattern

The pair is going to test the nearest support at 1.2684 - 1.2661. In this case, we could have a new local low within the next few hours...


Latest news

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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