USD: risk is making its way in?
Investors want to trade riskier, and dire economic and virus background doesn't stop that. The USD will testify.
EUR/GBP: there's a 'V-Bottom' pattern
Information is not investment advice
There's a 'V-Bottom' pattern, which led to the current upward price movement. The market has broken all Moving Averages lines, so there're a 'Triangle' and a 'Pennant' patterns. Thus, it's likely that the pair is going to reach the next resistance at 0.8767 - 0.8792 in the short term. If a pullback from this area happens thereafter, then bears will probably try to test the closest support at 0.8699 - 0.8681.
Sergey Logachev
Similar
S&P: a brighter future
This Thursday, S&P clings to the upside again. Is it a bullish shift finally?
NZD/CAD: at 1-year highs
NZD/CAD rose above the key resistance of 0.88. What lies above?
Popular
USD/CAD: Canadian positive data vs US negative data
The Canadian employment change has been published together with the US PPI. Don't miss the best chance of this week!
Gold surpassed $1 800. Will it set new record?
Yellow metal has become the best performing asset during the coronavirus. Some analysts foresee it will reach $2 000.
EUR/JPY: on the way up
EUR/JPY is likely to move further within an uptrend. Look for the break out above 121.55!
Choose your payment system
