The price action here is very bearish. Technically we have a fake breakout and rejection. Bearish divergence signs. Reversal candle formations.In the 4-hour chart, the price has broken below both [...]

The USD/JPY pair rallied yesterday from 111.50 to 112.50 where we previously mentioned that this is important resistance area. USD/JPY could reach 112.85 where the blue trend line resistance from [...]

Selling pressure in the US dollar index pushed it below the important resistance levels opening the way for a move towards 95-94. The trend is clearly bearish on all time [...]