EUR/JPY , Updated Entry on Friday Advance
The EUR/JPY has advanced nearly 100 pips since Wednesday. As price reaches resistance under 110.00 , traders can look for a break of an ascending triangle.
The EUR/JPY has advanced nearly 100 pips since Wednesday. As price reaches resistance under 110.00 , traders can look for a break of an ascending triangle.
Before a trader decides to trade an ascending or descending trading channel, they must first determine that the channel is, in fact, valid. This article will illustrate how to validate the channel as well as provide a strategy by which the price action within the channel can be traded.
Before a trader decides to trade an ascending or descending trading channel, they must first determine that the channel is, in fact, valid. This article will illustrate how to validate the channel as well as provide a strategy by which the price action within the channel can be traded.
The EUR/JPY is quickly reaching resistance in a 2629 pip downtrend. The formation of a rising wedge has helped signal the potential for a fresh breakout to lower lows.
The EUR/JPY is quickly reaching resistance in a 2629 pip downtrend. The formation of a rising wedge has helped signal the potential for a fresh breakout to lower lows.
The currency market often sees many swings on the worlds' most often used currencies. This article will walk through the implications these movements can have on their economies.
The currency market often sees many swings on the worlds' most often used currencies. This article will walk through the implications these movements can have on their economies.
Oftentimes after a currency pair has made a strong move in the direction of the trend, a retracement is likely to take place. Even though this a counter trend trade, many traders are willing to try this kind of entry. Here is one strategy that can be used.
Oftentimes after a currency pair has made a strong move in the direction of the trend, a retracement is likely to take place. Even though this a counter trend trade, many traders are willing to try this kind of entry. Here is one strategy that can be used.
Ichimoku is a popular trading system and indicator emanating from Japan. In this piece, we're looking at some of the more compelling Ichimoku trade setups for the week ahead.