FBS - Analytics

    FBS

    555.25 6.25/10
    84% of positive reviews
    Real

    USD/JPY: flat is in progress

    USD/JPY: flat is in progress

    There’s a possible “Evening Star” pattern in progress at the last high. At the same time, it’s very likely that we see just a local downward correction and a rise afterwards, because previously an “Engulfing Bullish” arrived. As we can see on the Daily chart, there’s a “Hammer” under the upper “Window”, which can act as a resistance once again.

    USD/JPY: flat is in progress

    There’re a lot of bearish patterns near the local high. Since Monday we’ve got a “Hanging Man”, an “Evening Star” and a “Shooting Star”. In case of the last “Hammer”, it’s likely that the price is going to rise during the day. 


    To leave a comment you must or Join us


    By visiting our website and services, you agree to the conditions of use of cookies. Learn more
    I agree