USD/CAD has made an immense move to the downside on Tuesday falling by about 200 pips.
USD/JPY: the Dollar keep staying under Cloud
Technical levels: support – 110.50; resistance – 111.20, 111.60.
- Buy — 111.00; SL — 110.80; TP1 — 111.60; TP2 — 112.60.
Reason: bearish Ichimoku Cloud with horizontal Senkou Span A and B; a cancelled dead cross of Tenkan-sen and Kijun-sen with rising Tenkan-sen; the market is under the pressure of the Cloud, but there is strong support on 110.50.
Oil prices have been climbing up for a long time. What have stopped them?
There has been some movement in the EUR/USD chart. What's happening?