What happened? Japanese shares fell on Monday…
USD/JPY: bears went through "Window"
2019-11-11 • Updated
The nearest "Window", which acted as support, has been broken. Considering that there's no any reversal pattern, the price is likely going to continue declining.
The price has been declining since the last "Shooting Star" pattern arrived. If any bullish pattern forms in the coming hours, there'll be an opportunity to have an upward correction.
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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!
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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...