USD/JPY: "Window" is waiting for bulls

USD/JPY: "Window" is waiting for bulls

USD/JPY: "Window" is waiting for bulls

There’re an “Engulfing” and a “Tweezers”, but both patterns have a weak confirmation. Therefore, bulls are likely going to test the nearest resistance in the short term. If a pullback from this level happens, there’ll be an opportunity to have a new low.


USD/JPY: "Window" is waiting for bulls

The last “Tweezers” led to an upward price movement, so the price achieved the Moving Averages. Also, there’s a “Harami”, so bears are likely going to deliver a local correction during the day. Nevertheless, bulls will probably try to reach the nearest “Window” afterwards.



AUD/USD on its way to reach new highs

AUD/USD has been trading in a rebound made from the 200 SMA at H1 chart, which is helping to strengthen the bullish bias across the board and put the pair in the scenario to reach the Fibonacci zone of -23…


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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