USD/JPY reached sell target 109…
Daily Market Analysis
EUR/JPY reached sell target 116…
We’ve got a “Shooting Star”, which has been confirmed enough. Therefore, the price is likely going to test the closest “Window”.
The lower side of the nearest “Window” acted as a resistance, so there’s a “High Wave” pattern.
Aussie jumped to 0…
Sterling surged to 1…
USD/JPY dropped to 108…
There’s a “Double Top”, so the price reached the 34 Moving Average. Therefore, bears are likely going to reach a support at 1.2477 – 1.2469.
The main trend is still bearish. There’s a “Double Top” pattern, so the price is still under the Moving Averages.
On the EUR/USD daily chart, quotes returned to the border of the upward trading channel…
On the NZD/USD daily chart, quotes are moving within the downward trading channel…
All major forex centers are closed today for the Good Friday holiday…