AUD/USD: a positive prospect
AUD/USD formed an inverted "Head and Shoulders’ and is targeting 0.7815, 0.7840, and 0.7860.
EUR/GBP can get higher
Information is not investment advice
The British pound is hurt by concerns that Britain would reach the end of an 11-month transition period without agreeing a trade deal with the EU. EUR/GBP formed an interim bottom in the 0.8930 area and closed above the 50-day MA at 0.8490 on Monday. If the pair breaks above the 61.8% Fibo of the decline seen in the second half of January in the 0.8515 zone, it will be able to gain to 0.8550 (78.6% Fibonacci) and 0.8590 (January and December highs).
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
