Is gold predictable now, at all? Let's consider some facts and observations.
EUR/USD: bullish 'Three Methods' pattern
Information is not investment advice
There's an upward correction, which is taking place on the Daily chart. Also, we've got a bullish 'Three Methods' and there's no any bearish pattern so far. In this case, it's likely that the market is going to test the 34 Moving Average (1.1266) in the short term. If a pullback from this line happens next, there'll be a moment for another decline in the direction of another support at 1.1034.
Gold has been losing value lately. But recently, it is back up. Is it a good time to buy?
S&P falling this much, this stock falling that much... Not all the stocks are like this! Some of them keep standing and defying the virus damage.
AUD looks stronger, RBA keeps the rate steady. How positive is the picture?
On the H4, we can see that EUR/USD has found a temporary bottom in the 1.0770 area. The pair is now trading above the former short-term resistance line going down from March highs (1.0835).
The USD/CAD price has been falling down since March 19. What are the reasons?