USD/JPY: Moving Average acted as resistance

USD/JPY: Moving Average acted as resistance

USD/JPY: Moving Average acted as resistance

The last bearish “Doji” pushed the market lower. Also, the 55 Moving Average acted as a resistance. Considering that there isn’t any bullish pattern so far, the price is likely going to test the closest support level.

 

USD/JPY: Moving Average acted as resistance

We’ve got a bearish “Harami”, which has been confirmed enough. Under this circumstances, the pair is likely going to test the lower “Window” once again during the day. If a pullback from this level happens, there’ll be time for an upward correction.

jpy

Similar

Latest news

GBP/USD: pound entered into channel Tenkan-Kijun

Bullish Ichimoku Cloud with horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen with horizontal lines; the market is under strong resistance and prices entered into the channel Tenkan-Kijun.

gbp

Deposit with your local payment systems

Callback

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

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