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Last week’s sell trade has pushed to a long term support zone and prices may bounce higher from here.
Dow Jones Industrials is breaking 12,400. This may also break the EURJPY out of its bear flag formation.
MACD converges off 2012 lows
The Daily Trend is the First Filter
Can the USDollar be supported over 9,900 by an Inverse charting pattern ?
The U.S. Dollar pattern hints of strength over the coming weeks creating a good opportunity at a good risk to reward ratio to buy the reserve currency.
Can Divergence under 1.0380 signal AUD/USD weakness ?
For many traders, we lose on more trades than we win. Learn how to stay away from some of those losing trades.
The “Steps” Provide a Solid Entry Signal