USD/JPY: no any reversal pattern so far

USD/JPY: no any reversal pattern so far

0311usdjpyH4 (1).png

The 34 Moving Average is acting as support, but there isn't any reversal pattern so far. So, the last high is likely going to be broken in the coming hours. If any bearish pattern arrives little later on, there'll be time for a bearish correction.

0311usdjpyH1 (1).png

The lower "Window" has acted as support once again. Meanwhile, there isn't any bearish pattern for now. In this case, the market is likely going to climb even higher in the coming hours.



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.


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