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.


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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