USD/JPY: yen has a chance
On the daily chart of USD/JPY, a “Shark” is transforming into 5-0. Pullbacks towards 23.6%, 38.2% and 50% of the wave CD are usually used for opening long positions.
Tag - jpy - japanese yen
EUR/JPY: bulls are counterattacking
This increases the risks of a pullback to the lower border of the 129.15-132.15 consolidation range. To continue moving down, bears have to renew May low.
AUD/JPY reversed from support area
AUD/JPY reversed from support area Next buy target - 83…
USD/JPY: lower 'Window' has acted as support
The market is likely going to achieve the 89 Moving Average. If this line acts as resistance next...
Forex today: the greenback is climbing down
George Soros warns about another financial crisis. According to the legendary billionaire, rising anti-European Union sentiment, the disruption to the Iran deal, a soaring dollar and investors taking money out of emerging markets are adding up to bad news for the global economy.
EUR/JPY broke support zone
EUR/JPY broke support zone Next sell target - 124…
NZD/JPY broke support area
NZD/JPY broke support area Next sell target - 74…
USD/JPY: pullback from the 'Window'
The price is likely going to test the nearest Moving Averages. A pullback from these lines could be a starting point for...
Forex today: lots of tensions
The US dollar index is above $94.50. Today traders will pay attention to consumer confidence data (17:00 MT time).
USD/JPY: trend has changed
Expanding bearish Ichimoku Cloud with falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen
Trading plan for May 29
The US dollar managed to rebound after Monday’s morning fall. The US dollar index is at a new high of $94.40 now.
Webinar "WEEKLY FOREX OUTLOOK"
Fundamental and technical analysis of EUR/USD, GBP/USD, USD/JPY, USD/CHF, USD/CAD, EUR/GBP, NZD/CAD, AUD/JPY, and GBPJPY…
