If you look at price from 2016 until now, you can see a gradual ascension followed by a gradual descent.
More analysis on the downtrend to end the trading week
There is a strong correlation between U.S. Bond Yields and UJ.
I'm am going contrary to most published Ideas on this pair. If you look at the trend line and bond yield comparisons, this pair is destined to hit 104...
Taking a look at the near-term chart, there does not seem to be a well defined up trend or down trend.
Some quick commentary on which Marijuana stocks I am bullish on and which ones I am avoiding.
There has been a lot of news about Medicine Man Technologies acquiring more market share of the cannabis or marijuana sector in Colorado that has pushed this stock from $1 to $4 in 2019, but is it just hype?
The most relevant news regarding oil during this weekend's G20 summit is that Russia and Saudia Arabia do not plan to cut their oil production, meaning the price per barrel will continue to drop. When Oil goes down, USDCAD goes up.
Price is still on an up-trend, but could be starting to turn
Short term buy, long term sell
A recap of the results on my position on USDCAD from Bad Advice part 1.
USDJPY is heading bearish - possibly to 111.8
Bullish on the USDCAD up channel, despite recent price dip.
Applying Dow Theory to GBPJPY. Dow Theory - www.investopedia.com
Looking at the correlation between EURUSD and EURJPY
Just a quick thought about where USDJPY is heading.
...sorry for the choppy video