Equity futures sank on Friday morning
Ichimoku Kinko Hyo NZD/JPY: The NZD/JPY pair is now testing the Tenkan Sen level…
GBP/JPY: 'Double Top' pattern
Information is not investment advice
Bulls faced resistance at 148.867, so there's a 'Double Top' pattern. At the same time, it's likely that there's a developing 'Pennant' pattern. If so, the price is going to test the nearest support at 147.009 - 145.595. The subsequent pullback from these levels could lead to another bullish rally towards the next resistance at 148.562 - 148.867.
Sergey Logachev
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Equity futures sank on Friday morning
Ichimoku Kinko Hyo NZD/JPY: The NZD/JPY pair is now testing the Tenkan Sen level…
USD/JPY: Take Your Profits
USD/JPY declined further during yesterday’s trading, reaching as low as 109.36, while our short signal from 110.20 is still active and is giving us over 80 pips.
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