What happened? Japanese shares fell on Monday…
USD/JPY: bearish "Shooting Star"
2019-11-11 • Updated
We’ve got a bearish “Evening Star”, which has been confirmed enough. Therefore, the market is likely going to test the nearest support, which could be a departure point for an upward correction.
The 55 Moving Average has acted as a resistance, so there’re a “Shooting Star” and a “Doji”, which both have a confirmation. In this case, bears are likely going to continue pushing the market lower until any bullish pattern arrives.
Weaker dollar - cheaper dollar. What else may be a conclusion to be drawn from the USD's weakening?
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!
The stock market has reversed, and now it’s going lower and lower…
Walmart is one of the biggest retail corporations in the US, with $244 billion in total assets. Does it worth buying amid rising prices and supply concerns that shatter the world economy?
Japan's inflation is set to reach 2% in April's reading, for the first time since 2015. But what about the weaker Yen?!