
The market is likely going to achieve the nearest resistance at 147.00 - 147.80 in the coming hours...
The market is likely going to achieve the nearest resistance at 147.00 - 147.80 in the coming hours...
We're going to have a local correction towards the nearest resistance at 111.26. The subsequent pullback from this level could be...
Check the key levels for EUR/USD and USD/JPY ahead of the CB consumer confidence release!
It looks like CAD/JPY formed a “Head and shoulders” pattern. The pattern may not look very pretty but it has all the required elements.
Would you like to know the main market drivers for this week?
USD/JPY broke below the January-March support line and the picture for the pair turned bearish.
There're bearish patterns such a 'Shooting Star' and a 'Harami', which both have been confirmed...
The pair consolidated in the middle of the bullish channel during the last 5 days.
In February, Japan's exports slumped at a much slower tempo than in January, although dismal global demand as well as US-China trade clashes keep clouding the outlook…
The Bank of Japan will make its monetary policy statement and announce the interest rate on March 15.
The pair is likely going to test the nearest resistance at 147.80 - 148.56, which means we could have a new local high soon...
There's a local 'Shooting Star' pattern, but the MA acted as support, so we've got a bullish 'Hammer', which hasn't been confirmed yet...
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