Bearish reversal pattern on the USD/NOK daily chart

A retracement into the gains of the previous day's gains morphed into a Dark Cloud Cover pattern adding more bearish sentiment to the USD/NOK daily chart.

This pattern portends a potential resistance zone and an opportunity for traders to position themselves short with additional bearish confirmation: further downside follow through, a gap down, a long black candlestick or a high volume decline within the next one to three days.

Iron-ore price to drop around 30% in H22017 - HSBC

The Research Team at HSBC published their latest report on Iron-ore, noting that they expect the prices to drop around 30% this year. Key Points: Th
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USD/SEK momentum switched to negative

USD/SEK momentum switched to negative
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