Has oil lost momentum forever?
The oil market is always highly volatile.
USD/JPY: a corrective move is coming
USD/JPY has been rallying since November 27th and is doing a consolidation above the 200 SMA at H1 chart. According to our Fibonacci projections, the pair is expected to perform a correction in favor of the bulls, which could target the demand zone established between the 111.94 and 111.61 levels. If it manages to rebound above that area, it’s expected to test the next Fibonacci target of -23.6% at 113.58.
RSI indicator remains in the positive territory.
Felipe Erazo
Similar
Is not the JPY a safe-haven anymore?
The situation in the economic world is unstable, however, the Japanese yen does not rise.
Is it a Fall of the British Government?
It’s not a surprise that the Brexit remains the main driver of the GBP.
Popular
EUR/USD: euro hung on Tenkan-Kijun
Narrowing bearish Ichimoku Cloud with rising Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen, but rising Tenkan-sen; the bulls could breakout the Kijun’s resistance.
GBP/JPY broke support level 141.30
GBP/JPY broke support level 141…
USD/CHF: bears saw a dragon
Recommendation: BUY 0,9765 SL 0,971 TP1 0,985 TP2 0,9895…
Deposit with your local payment systems
