USD / JPYaily Time Frame Recommendation I think the bulls of USDJPY will try to keep their pressure on bears or sellers today. The price might hit 157.00 this week. Thus, recent market activity has shown the bulls demonstrating strong momentum,...
Why the US Dollar Will Continue to Strengthen Yesterday, the euro and pound quickly lost ground against the US dollar after Federal Reserve Chair Jerome Powell confirmed traders' concerns by stating that recent data provides the central bank with...
The Dow Jones eased Thursday as the campaign shorted Trump. US producer prices printed as expected, easing investor concerns. Friday brings retail sales data to round out the business week. The Dow Jones Industrial Average (DJIA) put the brakes on...
Shooting star pattern It can be a valuable tool in our trade arsenal. A shooting star pattern forms at the end of an uptrend and indicates a potential trend reversal, an indicator. Feature: It happened at the end of an uptrend. Short original body...
Gold ends the week with the worst performance in three years Gold ends the week with a drop, reaching the lowest level in the last three years. The market value of the precious metal has been declining throughout the week and has lost more than 4%...