There was a notable reversal in the stock market on Wednesday. Have you noticed the reversal chart patterns?
GBP/JPY: 'Double Top' pattern
Bulls faced resistance at 148.867, so there's a 'Double Top' pattern. At the same time, it's likely that there's a developing 'Pennant' pattern. If so, the price is going to test the nearest support at 147.009 - 145.595. The subsequent pullback from these levels could lead to another bullish rally towards the next resistance at 148.562 - 148.867.
The USD made decisive moves mostly with the exotic currencies - let's have a look to prepare for new market entries.
Google is going up. When are we to expect full recovery? This short technical analysis will give you some clues where to look at.
There has been some movement in the EUR/USD chart. What's happening?
The US-China relations are getting more tensed over Hong-Kong. How does that affect the USD?