What happened? Japanese shares fell on Monday…
USD/JPY: pair to test the 34 Moving Average
2019-11-11 • Updated
There's a 'Shooting Star', so the pair is likely going to test the 34 Moving Average. A pullback from this line could be a starting point for another bullish rally in the direction of the upper 'Window'.
There're a 'High Wave' and a 'Harami' patterns, so we're likely going to have a bearish correction in the coming hours. The main target is the 89 Moving Average, which could act as support.
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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...