USD/JPY: opportunity to have correction

USD/JPY: opportunity to have correction

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The price has been declining since the last "Harami" formed. At the same time, there's an opportunity to have an upward correction. However, if the 34 Moving Average acts as resistance, there'll be an opportunity to have another decline.

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There's a "High Wave", which has been formed at the local high. It's likely that the pair is going to test the Moving Averages, which could be a departure point for a decline.

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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.

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