Tag - jpy - japanese yen

This is the weekly Forex report by FBS…

We should keep an eye on the nearest resistance at 109.66 as an intraday target for USDJPY...

There's a local 'V-Top' pattern, so the market is likely going to test the nearest support at 1.3203 - 1.3177...

Narrowing bullish Ichimoku Cloud with falling Senkou Span A; a new dead cross of Tenkan-sen and Kijun-sen with falling lines.

We had a 'Three Black Crows'. So, we should keep an eye on the closest resistance at 110.30 as a possible starting point for...

If a pullback from the 34 Moving Average happens little later on, bulls are likely going to test the upper 'Window'...

On the daily chart of USD/JPY, bears are still hoping on the formation of the “Bat” in case of a break below the lower border of the uptrend channel.

On the daily chart, EUR/JPY bulls are counting on the break of the upper border of the descending trend channel and advance to 88.6% target of the “Shark” pattern.

Bullish Ichimoku Cloud with rising Senkou Span A and B; a new golden cross of Tenkan-sen and Kijun-sen with rising Tenkan-sen.

Here’s a trading plan for Thursday, June 21…

CAD/JPY broke support zone Next sell target - 81…

NZD/JPY falling inside minor impulse wave (iii) Next sell target - 74…