The current state of USDJPY as of 23. 07. 2018

USDJPY has broken out of an ascending triangle pattern. Major resistance level at 111.400 has been breached. It rallied 180 pips beyond the 111.400 resistance and quickly fell back to 111.400 for a test of structure. As of now, on the 23.07.2018 a deep bullish pinbar has been printed on the 111.400 structure level. Technically […]

Trade wars intensify

Last week The United States president Donald Trump has met in Helsinki with his Russian counterpart Vladimir Putin. Both heads have allegedly agreed upon many important topics, however, the entire week was shadowed by Trump’s own controversy related to his own twist of words regarding the Russian interference in the US election last year. New […]

Successful Challenge on Metatrader 5

For some time now, we have not written about a successfully passed Challenge. But in fact, there were 156 successfully completed Challenges in the first half of 2018. Today, we’ll show you one of the first Challenges that was achieved on Metatrader 5. You may trade your Challenge on this platform since early May of […]

Putin – Trump meeting

Last week Last Wednesday, the Bank of Canada's key interest rate rose to 1.50%, as expected. At the same time, BoC signaled that they would continue the uplift cycle. At the press conference, Governor Poloz said he is concerned about the trade wars impact. After the May Ministers' Cabinet meeting on previous Friday, where Brexit […]

Canada – Back on Track?

Last week The quieter beginning of last week reflects market volatility. Although we have seen some important macroeconomic outcomes, it has not been affected in the markets by any gloom. The lower activity can also reflect a holiday season. Perhaps the most watched events were and will again be Trade wars. US President Donald Trump's […]