USD/JPY bulls may soon take the initiative – technical analysisForex News | Written By Dimitry Loukashov |
Created: Feb 20, 2014 13:47 GMT
Today there are two indicators of the U.S. economy – the core CPI for this month and initial jobless claims for the previous week (Unemployment Claims) coming out at once.The CPI is longer-term indicator and therefore it is more […]
Stock Market Crash – Dow Crashes 450 in 2 DaysStock-Markets / Financial CrashJan 26, 2014 – 12:39 PM GMTBy: WavePatternTraders
Anyone reading that headline would think it’s some sort of surprise to most traders that the markets crashed 450 points in 2 days, but for us a wavepatterntraders.com we have been looking […]
recommend
Technical analysis of EUR/JPY for January 14, 2014General overview for 14/01/2014 07:40 CETThe range indicated yesterday has been broken to the downside as anticipated.Currently, the main count indicates one more low possibe as long as the level of 142.16 is not violated. If it is, then the level of 140.48 is the low for wave C green.Please notice that to […]
recommend
Technical analysis of USD/JPY for December 27, 2013Overview:
USD/JPY is trading with bullish bias. The break above 104.45 is a positive signal that has opened a path to 105.15. Daily chart is positive-biased as MACD and stochastics are turned bullish; five- and 15-day moving averages are advancing. Trading recommendations: The pair is trading above its pivot point. It is likely to trade in […]
Happy Friday, Friends. The Fed’s tapering process has commenced. As would be expected from the FOMC, particularly given its current composition, the step was a modest one, with the only surprise the equal reduction (by $5 billion each, monthly) of purchases in both Treasuries and mortgage-backed securities. The implication is that the Fed believes that the housing market is on […]
Posted on noviembre 27th, 2013 in EUR/USD, Market News, Markets, Technical AnalysisEUR/USD still tries to pull back to the former price channelPrice action for the EUR/USD has been interesting in recent weeks. The latest rebound is taking the currency pair to test the bottom of a bullish… >>EUR/JPY: Flirting with the 2009A price chart shows how the EUR/JPY has no resistance […]
