What happened? Japanese shares fell on Monday…
USD/JPY: second pullback from "Window"
2019-11-11 • Updated
We’ve got a “Three Methods” pattern, which has been confirmed. So, bulls are likely going to test the 34 Moving Average in the short term. If a pullback from this line happens, there’ll be an opportunity to have a local decline.
There’s the second pullback from the lower support in a row, so we’ve got a “Harami” pattern. Therefore, bulls are likely going to get a resistance on the 89 Moving Average, which could be a departure point for a local bearish correction.
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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.
Bearish scenario: Sell below 1.0820 / 1.0841... Bullish scenario: Buy above 1.0827...
Bearish scenario: Sell below 2200 / 2194 ... Nearest bullish scenario: Buy above 2197... Bullish scenario after retracement: Consider buys around each indicated demand zone