AUD/JPY Price Analysis: Is the Correction Over?

The Australian Dollar has rallied nearly 2% against the Japanese Yen since the March lows with the advance taking price into near-term confluence resistance. We’re looking for a reaction at this pivot with a breach above needed to keep the immediate long-bias in play. That said, this inflection point could also prove terminal for the […]

Bounce Over for Cryptocurrencies? A look at Ethereum, Ripple & Litecoin

The other day we highlighted the weekend reversal bars carved out across the cryptocurrency spectrum, making note of how it should lead to further upside in the short-term. However, we are already seeing those bounces fizzle and the likes of Ethereum, Ripple, and Litecoin look headed towards taking out their respective key-reversal daily lows. If […]

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S&P 500 Trading Outlook – Is the Decline Over?

What’s inside: S&P 500 rallies sharply after big Monday gap-down Trading up against resistance zone Hourly chart in focus New to the markets, or simply looking for trader education? See our Trading Guides. In Monday’s piece, we had this to say about the gap-down open: “As long as we don’t see a ‘gap-n-trap’ buy situation […]