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USDJPY fall towards target 1.
Was that the top in USD/CNH? Traders should not make a living or hobby out of calling major reversals in a market, but when a combination of developments arise that signals the tides may be turning, they also shouldn’t have their head in the sand.
While many people were looking to the sell-off in the Turkish Lira and the South African Rand, the turn around on a ...
NZDUSD hitting 3 major resistances, trendline, fib and daily resistance. Short to target one.
EURAUD has just formed under the strong daily support. Heading towards the target to complete the potential H&S.
H&S and just crossed the 200MA.
Head and shoulders on Daily.
Time for the bull run to start once more. $4 by Christmas.
Looking for reversal of resistance.
Falling towards target 1. BOE news tomorrow.
Breakout after the CPI news at 10:00 GMT.
Markets tend to trade in patterns independent of news flow. A pattern playing out in EUR/USD may signal there is a broader bearish move in the works toward 1.1300 on a breakdown from the multi-month consolidation pattern that could be nearing its end. While Trump’s comments have taken the FX world by storm as it is unusual for a sitting US president to critique ...