Equity markets climbed in Europe yesterday
Ichimoku Kinko Hyo CNH/JPY: The CNH/JPY pair is trading above the Kumo…
GBP/JPY: 'Double Top' pushing price lower
Information is not investment advice
There's a 'Double Top' pattern, which has been confirmed, so the market broke all Moving Averages. It's likely that the pair is going to continue falling down towards the next support at 143.32 - 143.02 in the short term. If a pullback from these levels forms thereafter, there'll be a moment to have an upward correction in the direction of the nearest resistance at 144.03 - 144.39.
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Ichimoku Kinko Hyo EUR/JPY: The EUR/JPY pair is now trading within the Kumo…
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Ichimoku Kinko Hyo USD/JPY: The USD/JPY pair is now trading above the Kumo…
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