Tag - jpy - japanese yen

Bearish Ichimoku Cloud with horizontal Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen and the lines are horizontal; the market is on the strong support of the daily levels.

USD/JPY has been following a bearish channel since last week and it looks like that the path is driving towards the Fibonacci retracement zone of 50% and 65% at 111…

There are bullish patterns such a "Hammer" and a "Harami", which both have been confirmed. The upper "Window" is acting as resistance.

Recommendation: BUY 112…

There are a "Hammer" and a "Harami", but both patterns remain unconfirmed. The 144 Moving Average is acting as resistance.

Narrow bearish Ichimoku Cloud with horizontal Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen and the lines are horizontal; the market is in a correction,  tested the strong support of Senkou Span B.

Bears have broken the "Window", so the price is declining. The 144 MA is acting as support. There isn't any reversal pattern so far.

Analysts at Citi recommend buying GBP/JPY at 147…

USD/JPY has been under pressure and still looks to complete the bearish correction that’s being held since last week…

The Bank of Japan’s policymakers have repeatedly said that they will not reduce the radical stimulus program until inflation levels move higher…

Bullish Ichimoku Cloud, but horizontal Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen and the lines are horizontal; the market is in a correction to Senkou Span B – waiting for bouncing.

The 21 MA is acting as resistance. All the last candles are bearish, so there isn't any reversal pattern so far. Therefore, the pair is likely...