EUR/JPY: 123.70 awaits
EUR/JPY rebounded from the 123.00 level on the H4. The pair formed a “piercing line” pattern.
AUD/USD returned down
Information is not investment advice
AUD/USD has been falling since the start of 2018. On W1, the pair formed a “Falling three method” candlestick pattern. Usually, it points at the continuation of the downtrend. The Awesome Oscillator both on W1 and D1 is bearish. The weekly pivot point is located at 0.6911: as long as the pair is trading below this level, the odds are that it will test lower levels.
Elizabeth Belugina
Similar
NZD/CAD: short-term correction
NZD/CAD has reached a 200-week MA (0.8950) and formed a “shooting star” candlestick on the D1. On the H4, we see a lower high.
XAU/USD: where to next?
XAU/USD has moved this week in line with its short-term uptrend and the overall long-term uptrend reaching $1 865.
Popular
USD/JPY keeps rallying
USD/JPY has been rising for almost a week except for Monday, but the strong resistance of the 50-day moving average at 105.80 may stop it from moving higher.
Bank of America bets S&P 500 will rise by 30%
BoA released the report with the bullish forecast for the S&P 500 and shared its technical analysis. Let's discuss it in detail.
All Eyes Focusing on Today’s Trump - Biden Debate
EUR/USD has violated the first resistance trendline area 1.1680
Choose your payment system
