USD/CAD is in a triangle
Oil prices will likely remain elevated as there are no signs that the Middle East tensions will ease anytime soon.
AUD/USD: 'Double Top' led to decline
Information is not investment advice
The main trend is still bearish. There was a 'Double Top' pattern, which led to the current decline, so all the Moving Averages have been broken. Also, there's a local 'V-Top' pattern, so the market is likely going to continue declining towards the next support at 0.7060 - 0.7053. If a pullback from these levels happens little later on, bulls will probably try to reach the downtrend line.
Sergey Logachev
Similar
EURUSD is near the strong support
Technical analysis of EURUSD
AUDJPY is moving to the resistance
Technical levels for AUDJPY
Popular
GBP/JPY: trading on Brexit
What is the best way to bet on the positive outcome of the Brexit deal? Technically, the GBP has bullish potential versus the JPY.
AUD/JPY: a chance for more
There are many positive developments in AUD/JPY. Will it be able to continue rising?
NZD/JPY is doing its best
NZD/JPY is surviving a period of correction/consolidation within the long-term downtrend.
Choose your payment system
