USD strength on risk off mood
Asian equity markets traded cautiously after the mixed lead from Wall St where most indices stalled at record levels
GBP/USD: confirmed bearish 'Harami'
Information is not investment advice
There's a bearish 'Harami', which has been confirmed, so the price went through the 'Window'. Also, we've got a 'Three Methods' pattern, so the market is likely going to test the next support at 1.2777 in the short term. If a pullback from this level happens little later on and we have a bullish pattern, there'll be a moment for an upward correction towards the Moving Averages.
Galya Svetlova
Similar
Gold: trade the lower drift
How do we trade the gold price? It seems to be losing the upside momentum - no problem for bears!
GBP/USD: a U-turn at lower levels?
GBP/USD went beyond 1.37 and reversed the gains. How to trade it now?
Popular
Oil dropped on weak demand
Oil fell below $52.00 because investors expect a weaker oil demand amid rising Covid-19 infections and new lockdowns.
USD strength on risk off mood
Asian equity markets traded cautiously after the mixed lead from Wall St where most indices stalled at record levels
Gold: trade the lower drift
How do we trade the gold price? It seems to be losing the upside momentum - no problem for bears!
Choose your payment system
