JPYX → Bear Fakeout! Descending Wedge Bull Breakout! Now What?
The Japanese Yen Index descending wedge pattern initially broke to the downside, the opposite expected move statistically. A double bottom formed shortly after and reversed
DXY Preparing for Another Leg Down! Grab This Next Short Entry!
DXY confirmed its breakout from the bull channel to the downside and is currently showing some minor support at the 200EMA. I would expect the
DXY Daily Analysis – Fall to 200EMA 105.000 Level Then Bounce?
DXY has been rejected at the bull channel support, falling to 105.000 before closing last week. There is now a gap to the 200EMA, which
JPYX Daily Analysis – Will We Break to the Upside?
JPYX has been in a descending wedge holding pattern since July of this year and has yet to successfully break out toward the upside. This
DXY Daily Chart Analysis – Will DXY Return to the Bull Channel?
DXY finally broke out of the bull channel it has been in since July of this year. A strong bull response off of the 30EMA
DXY 4HR Analysis – No Sign of a Reversal! Bull Channel Continues
DXY refused to fall below 4HR 200EMA support last week and had a fantastic bounce to the upside. This bounce solidified the current bull channel
JPY – A Descending Wedge Screams Bull
JPY showed a quick bout of bull strength on Monday and Tuesday of last week only to fall back down to the bottom of the
DXY Aims For The Downside, But Will It Fall?
Last week, DXY bounced off of previous support at 106.00 and had a nice bull bar to the upside, reaching 107.350 before reversing back down
JPY – A Bullish Pullback is Here!
JPY is forming a beautiful descending wedge and after 13 weeks of formation, the time may be near for a pullback to the previous resistance.
DXY – Another Week of Bull!
DXY the relentless has broken through the resistance line and even begun to form support with the close of Friday’s daily candle. As you can