The volatility of the oil price these days questions the previously taken uptrend. Or does it not?
Daily Market Analysis
Information is not investment advice
AUD/JPY finds itself at the crossroads of several trends - we will use various time frames to foresee the possible scenarios.
EUR/AUD has been in consolidation lately; are there any clear bullish signs or it is better to hold positions?
Long-term and short-term analysis of the Australian dollar's performance against the US dollar.
A local flirting with the resistance or a serious intention to break through? We will examine the price action of GBP against CHF on high timeframes to answer this question.
The bearish bias appears to start losing power. The market reversal upwards is still to be confirmed.
NZDCAD has been rising today, a bearish reversal possible soon
The price has been showing an uptrend lately, but may go into a bearish reversal in the short-term.
Several indicators confirm the bullish reversal of EURUSD.
Today, NZDCAD gives an example of a bearish reversal scenario confirmed by the RSI and the Stochastic Indicator.
The US dollar is currently in a correction, but is likely to continue the trend down.
The USD started the day dropping against the Canadian dollar, now on a bullish reversal.