USDJPY back into ascending channel zone | 18th May 2017

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USDJPY technical analysis: Back into the daily ascending channel |18th May 2017 First critical Resistance: 111.48 (Channel resistance) Second critical Resistance: 115.42 (High of 10th March 2017) First critical Support: 107.96 Second Critical Support: 105.40 Overall Sentiment: Bearish∇ The USDJPY pair rallied higher and broker the channel resistance level but ultimately failed to keep its Read More

How to trade the bullish morning star pattern in the forex market

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There are many different ways of trading the forex market and trading style and strategies completely vary from traders to traders. Among many different styles and trading technique, price action trading strategy is now getting huge popularity among the traders. Those who are trading the forex market for a long period of time knows exactly Read More