A bullish bias remains after USD/JPY broke above a three-year trendline and continues to trade strongly in a supportive market. Supportive forces include Japanese equities via the Nikkei 225 that is testing 2018 highs (just like USD/JPY,) alongside the highly correlated (40-day rolling at +0.8921) US Treasury 2yr yield that has risen from 2.58 in mid-August when USDJPY traded at 109.97 to 2.839 today, which is a rise of 25.4bps or 9.8% as the Fed is expected to be more hawkish on an overheating ...
ContentsIntroductionSelecting the indicatorModifying the RSI indicator The first version. Adding signal buffersThe second version. Adding buffers of signal countersThe third version. Increasing the number of signals, eliminating skipsThe fourth version. Moving the indicator to the main chart window Determining a true barAdding the ATR indicatorSignal filtering in the RSI indicatorThe fifth version. Universal RSI indicator for working in two directions simultaneously ...
Ripple is the underdog and it is driving the whole cryptomarket higher. The race is on for being the second biggest coin by market cap, which company will win the race? more...
It's been a climactic past month of price action in the British Pound. As we walked into the final week of August, GBP/USD was continuing to hold on to the sell-off that had driven the currency for much of the prior four months. Prices had just sunk down to find support at the 23.6% Fibonacci retracement of the Brexit-move, and this was a more than 1,500 pips away from where the pair had topped-out at in mid-April. There was little by way of positivity at the time. ...
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