The Hammer The hammer price action pattern is a bullish signal that signifies a higher probability of the market moving higher than lower and is used primarily in up-trending markets. Here is an example of what a hammer candle…
The BOJ shook the markets with its YCC policy tweak!
How will it affect USD/JPY’s short-term downtrend?
Before moving on, ICYMI, yesterday’s watchlist checked out EUR/USD’s ascending channel pattern ahead of ECB’s policy decision. Be…
US Dollar, USD/JPY, Japanese Yen, BoJ, Fed ECB, AUD/USD, RBA - Talking PointsThe US Dollar resumed strengthening today with volatility ticking higherThe Bank of Japan let the word out early of an adjustment, then deliveredMarkets are now…