Bitcoin Technical Analysis 4-Hour Chart Over the past two weeks, Bitcoin has been moving in a pattern of upward and downward corrections, resulting in the price starting to trade within the channel pattern shown on the chart. The red descending...
DAILY CHART ANALYSIS OF USD/JPY USD/JPY remains strong, crossing 159, and shows almost no reaction to changes in Japans domestic economy, which would ordinarily be expected to support the yen. Even the latest wage talks, which expect wage increases...
GBP/USD DAILY CHART ANALYSIS The beginning of the week is important for GBP/USD as there is a multitude of macroeconomic releases out of the United Kingdom that have the capability of changing the expectations for monetary policy in the foreseeable...
The USD/JPY on the H4 timeframe is sitting right at that uncomfortable edge where a trend is still technically intact, but the way price is behaving starts to tell a more cautious story underneath. Zooming out, the bullish structure from the...
GOLD DAILY CHART ANALYSIS Gold prices dropped drastically by more than 8%, trading below 4,150, setting a new 4-month low. This dramatic plunge illustrates a major change in the market, where Golds \ traditional safety demand, inflation...
