USD/JPY: no any reversal pattern so far

USD/JPY: no any reversal pattern so far

1501usdjpyH4 (1).png

There's no any reversal pattern so far because all the last candles are bearish. In this case, the pair is likely going to test the lower "Window" in the short term.

1501usdjpyH1 (1).png

The last bearish "Three Methods" pattern pushed the price lower. Also, there's no any bullish model, so the market is going to continue declining in the coming hours.

jpy

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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

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