AUD/JPY moves somehow sideways in the short term. It’s located below the immediate dynamic resistance, under the downtrend line. Technically, it's still expected to increase as the Japanese stock index, the Nikkei, continues to increase. JP225 price action signaled further growth. The Yen could …
USD/CAD New Leg Lower!
USD/CAD drops at the moment of writing and it could develop a broader downside movement. Technically, the pair has rebounded to retest the broken uptrend line, so now is somehow expected to drop. The US Unemployment Claims is expected to decline from 400K to 382K, while the Trade Balance could …
US Oil Deeper Decline Favored!
US Oil drops right now and it stands at the 70.13 level. Unfortunately, it has found strong resistance and now it could resume its downwards movement. In the short term, WTI moves sideways, so we have to wait for confirmation before taking action. The US Crude Oil Inventories will be released …
