USD/CAD is in a triangle
Oil prices will likely remain elevated as there are no signs that the Middle East tensions will ease anytime soon.
GBP/USD: 55 Moving Average acted as support
Information is not investment advice
The 55 Moving Average has acted as support, so there's a 'High Wave' pattern. Also, there's no any reversal pattern so far. In this case, the market is likely going to test the nearest support at 1.3042. If a pullback from this level happens next, bulls will probably try to achieve another resistance at 1.3359.
Galya Svetlova
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EURUSD is near the strong support
Technical analysis of EURUSD
AUDJPY is moving to the resistance
Technical levels for AUDJPY
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AUD/USD turned down
AUD/USD made another attempt to close below the 50-day MA at 0.6845 and this time it was successful.
EUR/AUD has some fuel
EUR/AUD formed a "hammer" candlestick on the W1, above the 50-week MA in the 1.6010 area.
USD/CAD is in a triangle
Oil prices will likely remain elevated as there are no signs that the Middle East tensions will ease anytime soon.
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