Chart Art: Potential Break and Retest Play for CAD/JPY
CAD/JPY broke below a major support zone but has since shifted into consolidation, suggesting selling pressure has cooled. Will we see a break-and-retest situation?
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CAD/JPY broke below a major support zone but has since shifted into consolidation, suggesting selling pressure has cooled. Will we see a break-and-retest situation?
Read MoreGuppy looks ready for a reversal from its uptrend, as the pair formed a double top on its 4-hour time frame. Are we about to see confirmation soon?
Read MoreGold smashed through $5,000 while Bitcoin struggles below $90K. Learn why crypto acts like tech stocks, not “digital gold,” during market uncertainty.
Read MoreAUD/JPY’s recent downswing took the pair to a MAJOR area of interest for AUD/JPY buyers. Think the pair would find support from its current levels?
Read MoreTraders expect December inflation to support a February hike, but a softer CPI could pressure AUD/USD and AUD/NZD.
Read MoreMarkets appear to be bracing for an Australian inflation rebound that could boost February tightening bets for the RBA. Here’s what I’m looking at on AUD/CHF and GBP/AUD in this scenario.
Read MoreHeadline CPI beat expectations, but conflicting market signals demanded patience over prediction. EUR/GBP emerged as the focus when geopolitical clarity finally arrived midweek.
Read MoreBitcoin has been in selloff mode again, but bulls could have an opportunity to charge as price tests the bottom of an ascending channel on the 4-hour chart. Take a look!
Read MoreAUD/CHF has been forming higher lows and higher highs connected by an uptrend channel on its 4-hour chart. Is another bounce off support in the works?
Read MoreThe Fed meets Wednesday in a week where Powell’s succession uncertainty matters more than the rate decision itself, with gold at all-time highs pricing political risk.
Read MoreYou must do the things you think you cannot do.Eleanor Roosevelt