USD/JPY: still no any reversal pattern

USD/JPY: still no any reversal pattern

2004usdjpyH4 (1).png

There's still no any reversal pattern. In this case, the market is likely going to test the upper 'Window', which could be a starting point for a bearish correction.

2004usdjpyH1 (1).png

We've got a bearish 'Harami', so there's an option to have a correction towards the Moving Averages. Even so, if a pullback from these lines forms afterwards, there'll be a moment for another bullish rally.




EUR/USD: euro hung on Tenkan-Kijun

Narrowing bearish Ichimoku Cloud with rising Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen, but rising Tenkan-sen; the bulls could breakout the Kijun’s resistance.

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