The volatility of the oil price these days questions the previously taken uptrend. Or does it not?
GBP/JPY: all Moving Averages broken
Information is not investment advice
The last 'Double Top' pattern led to the current decline, so all the Moving Averages have been broken. It's likely that the market is going to continue falling down in the short term towards the previously tested support at 143.83 - 143.71. If a pullback from these levels happens next, there'll be an opportunity to have an upward correction in the direction of the closest resistance at 144.83 - 145.01.
AUD/JPY finds itself at the crossroads of several trends - we will use various time frames to foresee the possible scenarios.
EUR/AUD has been in consolidation lately; are there any clear bullish signs or it is better to hold positions?
USD/CHF formed a “hammer” candlestick on the D1. The most recent price low wasn’t confirmed by the Awesome Oscillator on this timeframe.
This week brought various economy news releases related to GBP. What is the layout of the British pound?
Read the opinion by Morgan Stanley and ANZ on the performance of AUD in Q1