AUD/USD: a positive prospect
AUD/USD formed an inverted "Head and Shoulders’ and is targeting 0.7815, 0.7840, and 0.7860.
Brent: is there a bottom?
Information is not investment advice
On the W1, Brent oil formed a bullish “hammer”. The pattern appeared near the 50-week MA (64.80). This week opened with a gap to the upside – the market is optimistic about the demand for the commodity after the US-China trade deal. By applying the Fibonacci tool to the January decline, we get the upside targets at 66.40 and 67.25. Corrections to the support in the 65.35/10 area represent potential buy opportunities.
Notice that to trade Brent, you need to choose BRN-20H in your MetaTrader.
Elizabeth Belugina
Similar
USD/JPY: a SELL opportunity
USD/JPY rose to the resistance of the 50-week MA at 106.00. The pair is not at the resistance line since the end of December.
USD/CAD looks vulnerable
USD/CAD reversed down from 1.2865 last week and formed a candlestick with a long upper wick on the W1.
Popular
Morgan Stanley: outperforming again?
In the last three quarters of 2020, Morgan Stanley has been outperforming the forecasts. Will it happen the same for Q1'2021?
Johnson & Johnson ahead of earnings on April 20
Johnson & Johnson will announce its earnings results for the first quarter on April 20 at 15:30 MT. Let’s get ready!
EUR/USD : more appreciation is ahead
Ichimoku Kinko Hyo CAD/JPY: The pair is trading below the cloud…
Choose your payment system
