AUD/USD: a positive prospect
AUD/USD formed an inverted "Head and Shoulders’ and is targeting 0.7815, 0.7840, and 0.7860.
EUR/CHF: picture looks grim
Information is not investment advice
EUR/CHF broke below 1.1150 - the lower border of the sideways range within which it has been trading since the middle of 2018. Then the euro retested this line at the end of June but was once again rejected lower. It means that the pair will likely go to lower levels. The obvious target lies at 1.0925 (78.6% Fibo retracement of the 2017-2018 advance).
The upcoming meeting of the European Central Bank represents a negative factor for the European currency.
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
Stocks that benefit from chip shortage
Stocks of tech and auto sectors are in the focus of traders these days due to the global chip shortage. Let’s find out what is going on with chips and why it’s important for traders.
USD/CAD : falls after jobs report but runs into wall of USD buying
Ichimoku Kinko Hyo CAD/JPY: The pair is trading above the cloud…
Stocks: Q1'2021 earnings reports coming!
What are the first stocks that'll see their quarterly reports out? Let's check them out and prepare for some moves in the stock market!
Choose your payment system
