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USD/JPY Holds Support Despite Rise In Geopolitical Tensions

January 6, 2020 1:54 AM
That USD/JPY has held support despite a flurry of negative news over the weekend could be a sign of strength over the near-term. Yet with price action suggesting it topped out late December, the pair could break to new lows after a corrective bounce.

NZD/JPY Coils Below Key Resistance

August 20, 2019 2:07 AM
NZD/JPY is coiling below key resistance, as it builds up energy for its next directional move.

WTI: Opposing Reversal Patterns Form Near Key Resistance

June 11, 2019 5:47 AM
WTI has formed a bearish reversal pattern on the daily chart, yet still shows potential for a bullish reversal on the intraday chart, if key resistance is broken.

[Video] Renewed Brexit Fears Weigh On GBP/USD

May 22, 2019 3:07 AM
Questions over Theresa May’s future and her replacement are weighing on the pound. GBP/USD is down at fresh 4 ½ month lows. The negative trend could stay intact as investors turn their attention towards the European parliamentary elections.