Equity markets climbed in Europe yesterday
Ichimoku Kinko Hyo CNH/JPY: The CNH/JPY pair is trading above the Kumo…
GBP/JPY: developing 'Flag' pattern
Information is not investment advice
The market is consolidating along the Moving Averages. It seems like we're going to have a 'Flag' pattern. If so, the market is likely going to achieve the nearest resistance at 147.00 - 147.80 in the coming hours. The subsequent pullback from these levels could lead to a decline in the direction of the previously tested support at 144.13 - 143.71.
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Ichimoku Kinko Hyo EUR/JPY: The EUR/JPY pair is now trading within the Kumo…
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