There was a notable reversal in the stock market on Wednesday. Have you noticed the reversal chart patterns?
GBP/JPY: market moving sideways
The market is still moving sideways. There's a 'Flag' pattern, which led to forming a new local low. Also, we've got a 'V-Bottom', so it's likely that the pair is going to test the closest resistance at 148.56 - 148.86. The subsequent pullback from this area could be a starting point for another decline towards the next support at 144.13 - 143.71 by the lower side of a possible 'Triangle'.
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.
The US-China relations are getting more tensed over Hong-Kong. How does that affect the USD?
A great chance to make profit on stocks! Investors are inspired by economic reopening and optimistic vaccine news.