Tag - jpy - japanese yen

USD/JPY: Dollar breaking out SSA’s resistance
USD/JPY: Dollar breaking out SSA’s resistance

Narrowing bearish Ichimoku Cloud and rising Senkou Span A and B; a new golden cross of Tenkan-sen and Kijun-sen with rising Tenkan-sen; the prices fixed above the daily Cloud, but there is a strong resistance on 112.30.

USD/JPY: bearish
USD/JPY: bearish "Engulfing"

The 34 MA has acted as support, so we've got a bullish "Hammer" on this line. If this pattern confirms, the price is likely going to...

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