The volatility of the oil price these days questions the previously taken uptrend. Or does it not?
GBP/JPY: 'Double Top' pushing price lower
Information is not investment advice
There's a 'Double Top' pattern, which has been confirmed, so the market broke all Moving Averages. It's likely that the pair is going to continue falling down towards the next support at 143.32 - 143.02 in the short term. If a pullback from these levels forms thereafter, there'll be a moment to have an upward correction in the direction of the nearest resistance at 144.03 - 144.39.
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