Day: July 30, 2017

July 30
2017

CAD/JPY Has Potential to Rally from Inverse Head-and-Shoulders

After hitting its multi-year low against the Japanese yen back in November of 2016, the Canadian dollar has done a great deal of recovering even though the first half of 2017 was a pure downtrend for the loonie. The current upward wave is completing the inverse head-and-shoulders pattern on a weekly timeframe. Below, you can see the pattern marked with the yellow lines. Although, the neckline seems to be broken, the currency rate has not […]

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July 30
2017

Forex Brokers Update — July 30th, 2017

As no new brokers have been listed during the week, here is the list of changes to the existing company listings: AAAFx added Bitcoin deposit option and now supports trading in cryptocurrencies. AMarkets, AvaTrade, Alpari, ADS Prime, Admiral Markets, and AxiTrader have been marked as brokers that offer Autochartist software to their customers. Listing of CMS Forex has been disabled as the company is no longer operating. If you […]

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