Forex Blog |  momentum

GBP/JPY - Long Term Buy Position Opportunity.

GBP/JPY – Long Term Buy Position Opportunity.

Combination of CCI Divergence and Fresh Demand. Monday 14/10/2019 GBP/JPY has a significant rally of about 700 pips in the last few days. For the long term, it seems the GBP/JPY price has changed the momentum from bearish to bullish. The price reached a new

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Quasimodo Forex Pattern - USD/JPY is still considered in bullish momentum

USD/JPY: Bearish Quasimodo After MACD Divergence

Change the Momentum or Only a Technical correction? Thursday  19/09/2019 The USD/JPY is still considered in bullish momentum. We can see the significant MACD divergence which lasts all the recent uptrend. While during this uptrend the price creates a few higher highs the MACD indicator

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Key Levels GBPUSD 17/06/18

As we can see the GBPUSD has developed a bullish momentum, most likely it’s gonna stay bullish until the price reach the supply at the top. I’ll wait for the retrace to the demand below which is a great level of buy position to join

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