What happened? Japanese shares fell on Monday…
USD/JPY: "Harami" pattern
2019-11-11 • Updated
We've got a "Harami" pattern, which just has been formed. Therefore, there's an opportunity to have a local upward correction, but bears will probably try to deliver a new local low afterwards.
There's a "Shooting Star", which has confirmation. In this case, the 34 Moving Average is likely going to act as support. If we see a pullback from this line, there'll be an opportunity to have another decline in the direction of the lower "Window".
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 US dollar index has all chances of reaching the 2000s high of 120.00.
The Consumer Price Index announcement by Statistics Canada is set for release in a few hours will reveal the state of inflation in the Canadian economy
After bouncing off the previous Major trendline last month, Bitcoin seems to be retesting the support area again in hopes of catching a bullish momentum.