Is gold predictable now, at all? Let's consider some facts and observations.
EUR/USD: 'Shooting Star' on the 34 MA
Information is not investment advice
The 34 Moving Average has acted as resistance, so there's a 'Shooting Star' pattern, which has been strongly confirmed. At the same time, there's a bullish 'Harami', so there's an opportunity to have a local correction towards the upper 'Window' (1.1306). A pullback from this level could be a starting point for another decline in the direction of lower 'Window' (1.1095).
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?