
USD/JPY rose to the resistance of the 50-week MA at 106.00. The pair is not at the resistance line since the end of December.
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CHF/JPY has recently broken below the support line from May lows. On Tuesday, the pair tried to revisit higher levels but ultimately closed near the day’s low forming a candlestick with a long upper wick on D1. This means that sellers seized control and may pull the price lower. On H1, there’s a “Head and Shoulders” pattern with a neckline at 108.60. Although the pattern wasn’t formed after a long uptrend that makes it weaker, a decline below 108.60 will still open the way down to the 108.00 area (August lows).
USD/JPY rose to the resistance of the 50-week MA at 106.00. The pair is not at the resistance line since the end of December.
USD/CAD reversed down from 1.2865 last week and formed a candlestick with a long upper wick on the W1.
The 200-period MA just above 1.3650 supported GBP/USD. The pair formed a higher low on the H1.
Ichimoku Kinko Hyo CAD/JPY: The pair is trading above the cloud…
Ichimoku Kinko Hyo EUR/JPY: The pair is trading below the cloud…
Ichimoku Kinko Hyo AUD/JPY: The pair is trading below the cloud…
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