Weekly Forex Outlook: Feb. 19 - 23
The recovery of the US dollar turned out to be brief…
Tag - jpy - japanese yen
USD/JPY: upward correction about to start
We've got a bullish "Harami", which hasn't been confirmed yet. So, it's likely to have an upward correction in the short term...
USD/JPY broke support zone
USD/JPY broke support zone Next sell target - 105…
USD/JPY: no any reversal pattern
If the 34 Moving Average acts as resistance, there'll be an opportunity to have another bearish price movement...
USD/JPY: yen crashes obstacles
Recommendation: SELL 107…
EUR/JPY: euro is grabbing for a pin bar
Recommendation: BUY 133…
Where will the yen's strength lead?
From the beginning of 2018, we can see the downward trend of the USD/JPY pair…
EUR/USD: bullish "Harami"
The price is likely going to test the nearest "Window". If a pullback from this level happens little later on, there'll be a moment...
USD/JPY: bears went through "Window"
Considering that there's no any reversal pattern, the price is likely going to continue declining...
CAD/JPY broke support zone
CAD/JPY broke support zone Next sell target - 85…
USD/JPY: "High Wave" pattern
The pair is likely going to test the Moving Averages, which could be a departure point for another bearish price movement...
USD/JPY: new lows of Dollar
Expanding bearish Ichimoku Cloud with falling Senkou Span A and B; the cancelled dead cross of Tenkan-sen and Kijun-sen and the lines are horizontal; the market had returned to resistance of Tenkan-sen and Kijun and may continue the downtrend.
