USDJPY recently reversed up from the support level 160.00 intersecting with the lower daily Bollinger Band and the 50% Fibonacci retracement of the previous upward impulse (1).
The price is likely to complete the daily candlestick reversal pattern Morning Star – if it closes this week near the current levels – which is a strong buy signal.
USDJPY is expected to rise further toward the next resistance level 107.00 (former strong support level from the start of April).
CHFJPY: ⬆️ Buy - CHFJPY reversed from support area - Likely to rise to resistance…
Exxon Mobil: ⬆️ Buy - Exxon Mobil reversed from support area - Likely to rise…
Welcome to Pro News Weekly! Here’s what is shaping the markets: 💵 The U.S. dollar…
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Platinum: ⬇️ Sell - Platinum reversed from pivotal resistance level 150.00 - Likely to fall to…
Baidu: ⬇️ Sell - Baidu reversed from resistance zone - Likely to fall to support level…
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