Is gold predictable now, at all? Let's consider some facts and observations.
EUR/USD: price to test the 34 Moving Average
Information is not investment advice
The pair has been declining since the last 'Harami' formed. However, there's a bullish 'Hammer', which has been confirmed. So, we're likely going to have a local upward correction towards the 34 Moving Average. If this line acts as resistance, there'll be an opportunity to have another decline, so we should watch the next support at 1.1128 as a bearish target.
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.
These days the US dollar has a lock on everyone’s attention. However, there are some interesting cross-currency movements that you can gain from.
USD/JPY has declined from 111.70 and went into consolidation around 107.50.
S&P was looking upwards just a day ago. Something changed?