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USD/RUB bulls lighting up their positions

An engulfing pattern with reversal implications has been formalized on the USD/RUB weekly chart.

The candlestick pattern indicates that the trend has lost momentum and bearish investors may be getting stronger. The MACD line above zero but swinging lower highs implies dwindling upward momentum for this pair as well.

EUR/JPY is staging a pullback

EUR/JPY is staging a pullback
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EUR/JPY decline was countered with a bullish engulfing

EUR/JPY decline was countered with a bullish engulfing
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