Equity markets climbed in Europe yesterday
Ichimoku Kinko Hyo CNH/JPY: The CNH/JPY pair is trading above the Kumo…
USD/JPY: 'Three Methods' pattern still in force
Information is not investment advice
We've got a bearish 'Engulfing', but this pattern remains unconfirmed. Previously, we had a 'Three Methods' pattern, which is still in force. However, if a pullback from the nearest resistance at 111.62 happens little later on, bears will probably try to test the lower 'Window' (109.41). The subsequent pullback from this level could lead to an upward price movement towards the next 'Window' (112.65).
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Brutal session in the equity markets yesterday
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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