USD/JPY is pressured by resistance
USD/JPY has declined from 111.70 and went into consolidation around 107.50.
USD/CAD: a positive impulse
Information is not investment advice
USD/CAD recovered last week from the 2018 support line in the 1.3150/00 area. On D1, the Awesome Oscillator crossed the zero line to the upside. We can see that the pair closed yesterday above the resistance line connecting late January and February highs just above 1.33. This may be a neckline of an inverted “Head and shoulders” pattern. The target of this formation lies on the upside, at 1.3540.
Elizabeth Belugina
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USD/JPY is pressured by resistance
USD/JPY has declined from 111.70 and went into consolidation around 107.50.
STOCKS: mystery ahead
S&P was looking upwards just a day ago. Something changed?
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