EUR/JPY broke key support level 131…
USD/JPY: "Inverted Hammer" pattern
There's an "Inverted Hammer", but this pattern remains unconfirmed. In this case, the 21 Moving Average is likely going to act as support. If so, we could have just another decline little later on.
We've got a bullish "Hammer", which has been formed on the lower "Window". So, the market is likely going to test the 89 Moving Average in the coming hours.
There isn't any reversal pattern so far. If the 21 MA acts as resistance, we're likely going to have just another decline...
Expanding bullish Ichimoku Cloud with rising Senkou Span A; a cancelled golden cross of Tenkan-sen and Kijun-sen; the prices are returned to the support of Tenkan and Kijun and may go higher.
Narrow bearish Ichimoku Cloud with horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen, but the lines are horizontal; the Bulls can’t breaking out the resistance of upper border of the Cloud and the market may return to 113.00.