There was a notable reversal in the stock market on Wednesday. Have you noticed the reversal chart patterns?
USD/JPY: 'Three Methods' led bullish rally
The last 'Three Methods' pattern led to the current bullish rally. There's no any reversal pattern so far, which means the market could continue moving up. At the same time, a bearish correction is right around the corner.
There's an 'Inverted Hammer', so the price is rising. It's likely that the market is going to test the nearest resistance area, which could be a departure point for a downward correction.
The USD made decisive moves mostly with the exotic currencies - let's have a look to prepare for new market entries.
Google is going up. When are we to expect full recovery? This short technical analysis will give you some clues where to look at.
There has been some movement in the EUR/USD chart. What's happening?
The US-China relations are getting more tensed over Hong-Kong. How does that affect the USD?