EUR/USD reversed from support zone Next buy target - 1…
USD/JPY: "Window" acted as support
The lower "Window" has acted as support, so there are bullish patterns such a "Hammer" and a "Doji". In this case, we should keep an eye on the 89 Moving Average as an intraday target, which could bring any bearish pattern afterwards.
We've got a pullback from the upper "Window", so there's a "Shooting Star". However, confirmation of this pattern is a quite weak, so we could have one more test of the "Window". If another pullback arrives later on, there'll be an opportunity to have a decline towards the Moving Averages.
We've got a bearish "High Wave", which has strong confirmation. In this case, the price is likely going to decline.
Growing concerns over Greek bailout, early elections in Italy and comments by the ECB President Mario Draghi about the need to maintain the bank’s extraordinary amount of monetary policy support…
The 144 Moving Average has acted as support, but there's a bearish "Engulfing' at the local high.