GOLD: after-breakout consolidation
What happened? Gold was just above $1 800, now - back down below?
GBP/JPY: developing 'Flag' pattern
Information is not investment advice
The market is consolidating along the Moving Averages. It seems like we're going to have a 'Flag' pattern. If so, the market is likely going to achieve the nearest resistance at 147.00 - 147.80 in the coming hours. The subsequent pullback from these levels could lead to a decline in the direction of the previously tested support at 144.13 - 143.71.
Sergey Logachev
Similar
OIL: turbulence ahead
OPEC+ will have a meeting this week. What are we to expect?
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.
Popular
GOLD: after-breakout consolidation
What happened? Gold was just above $1 800, now - back down below?
EUR/GBP: climbing higher
The pair approaches the significant resistance at 61.8% Fibo level. Look for the breakout!
OIL: turbulence ahead
OPEC+ will have a meeting this week. What are we to expect?
Choose your payment system
