Crytocurrencies bitcoin and litecoin surged today. Last year around this time, these two virtual currencies also exploded upwards. This year, after steep corrections in both, bitcoin and litecoin are looking bullish again. Bitcoin (BTCUSD) 4H Chart 11/12 Surging from a Double Bottom: Bitcoin found support at 318 last week, above its October ...
AUD/JPY just broke into fresh highs on the year during the 8/21 session after consolidating since April. AUD/JPY’s price action in 2014 can be described as bullish in Q1, then neutral since Q2 after price hit a high around 96.50. You can say that price has been in a sideways market, or you*can also say that it was in*an ascending triangle. The most important thing in the daily chart is that during this multi-month consolidation, price preserved the bullish bias by staying above the 200-day ...
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