What happened? Japanese shares fell on Monday…
USD/JPY: bullish "Hammer"
2019-11-11 • Updated
The 55 Moving Average acted as support and we've got a "Three Methods" pattern, so the price is rising. It's likely that the pair is going to test the next resistance in the short term.
There's a bullish "Hammer", which has been formed at the last local low. The price reached the upper "Window", but there isn't any reversal pattern so far. In this case, the price is likely going to climb even higher in the coming hours.
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In a few days, primary Forex currencies will hear what their respective central banks think about the future - and we're about to trade it!
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Hello again my friends, it’s time for another episode of “What to Trade,” this time, for the month of April. As usual, I present to you some of my most anticipated trade ideas for the month of April, according to my technical analysis style. I therefore encourage you to do your due diligence, as always, and manage your risks appropriately.
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