USD/JPY: upward correction about to start

USD/JPY: upward correction about to start

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We've got a bullish "Harami", which hasn't been confirmed yet. So, it's likely to have an upward correction in the short term. Nevertheless, bears are going to break the last low afterwards.


The main trend is still bearish, but there're bullish patterns such a "Harami" and a "Doji". In this case, the pair is likely going to test the Moving Averages in the coming hours.



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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