What happened? Japanese shares fell on Monday…
USD/JPY: pair approaching the upper 'Window'
2019-11-11 • Updated
The pair is approaching the upper 'Window' (112.63). Also, there's no any reversal pattern so far, but if we have some, there'll be an opportunity to have a bearish correction towards the nearest support at 110.49.
The last 'Three Methods' patterns led to the current upward price movement. The main target is the closest resistance at 112.63. A pullback from this level could be a starting point for a downward correction.
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?!