The dollar against the yen provided temporary positive trades last Friday, to test the 106.00 barriers, return to decline and gradually head towards our awaited negative target at 105.20 so that the bearish trend scenario remains valid and effective for the upcoming period, supported by the negative sign that the …
A “hammer” reversal pattern with a false breakout has formed on the daily chart. Bullish histogram bars have formed on Awesome Oscillator, and Stochastic Oscillator indicates an oversold condition.
: monitor the price movement in real time.
Trading recommendations:
Buy when an ascending wave pattern is …
The overall trend is upward. The currency pair is trading in the range of 365 and 135 moving averages. Awesome Oscillator indicates a bullish divergence. A breakout of the price pivot zone of 1.6476 will result in the formation of an ascending wave H1 level pattern within the wave …
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