Is gold predictable now, at all? Let's consider some facts and observations.
GBP/USD: bearish 'Harami' pattern
Information is not investment advice
There's a bearish 'Harami' pattern, which has been confirmed enough. Also, the 55 Moving Average has acted as support once again, but there's no any reversal pattern so far. In this case, the pair is likely going to achieve the lower 'Window' (1.2953) in the coming days. If a pullback from this level happens next, bulls will probably try to reach the previously tested resistance at 1.3359.
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.
These days the US dollar has a lock on everyone’s attention. However, there are some interesting cross-currency movements that you can gain from.
USD/JPY has declined from 111.70 and went into consolidation around 107.50.
S&P was looking upwards just a day ago. Something changed?