USD/JPY: ""Window" acting as strong support

USD/JPY: ""Window" acting as strong support


There's a consolidation, which is taking place on the four-hours chart. The 34 Moving Average is acting as resistance. Considering the last bearish "Tweezers", the price is likely going to test the closest support level in the short term.


The lower "Window" is acting as strong support, so the price is likely going to test this level once again. Nevertheless, the market is likely going to reach the 55 Moving Average afterwards.



USD/JPY: bullish 'High Wave'

The main intraday target is the next resistance at 113.53, which could be a starting point for a bearish correction...



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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