Speculation persists regarding the Bank of Japan's potential departure from negative interest rates, yet the USD/JPY maintains its position within a 150–152 range for seven consecutive sessions. Caution is warranted due to a weaker-than-expected Q3 GDP, a slump in imports, and...
AUD/USD: aussie corrected to Kijun-sen
2019-11-11 • Updated
Technical levels: support – 0.7750; resistance – 0.7830
- Sell — 0.7830; SL — 0.7850; TP1 — 0.7750; TP2 — 0.7730.
Reason: bearish Ichimoku Cloud with horizontal Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen but the lines are horizontal; the prices are in the correction to Kijun-sen.
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Hey folks, it’s a wrap to yet another month in the 2023 calendar, and I’m guessing you know what that means - time for another episode in the “What To Trade” series. For December, I will be mapping out trade more cautiously as the market volatility often drops