USD/JPY: unstoppable bears

USD/JPY: unstoppable bears

USD/JPY: unstoppable bears

The price is still declining, so we don’t have any reversal pattern. Therefore, the market is likely going to test the nearest support in the short term. If any bullish pattern arrives afterwards, there’ll be an option to have an upward correction.

USD/JPY: unstoppable bears

We’ve got a new “Window”, which is still open. Also, there’s a “Three Methods” pattern, so the price is likely going to test the closes support level, which could be a departure point to a bullish correction.


EUR/USD: bearish 'High Wave'

We should keep an eye on the lower 'Window' as the next intraday target. A pullback from this level could be a starting point for...



Morning brief for June 2

Today’s news headline is that Trump officially announced the withdrawal of the US from the Paris climate agreement…

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