AUD/JPY looks exposed
AUD/JPY formed a “shooting star” candlestickon the W1. This week, it’s testing levels below the 50-week MA at 75.45.
GBP/USD: key technical levels
Information is not investment advice
GBP/USD is having a third bullish week in a row. The pair has reached our previous buy target at 1.25 and may be up for more given its clear attempt to form a base around 1.20 and the previous break above 1.23. In the short-term, the pair may test lower levels as there's bearish divergence on the H4. The key level for the upside is 1.25 (100-day MA, previous week's highs): the decline there may attract new buyers that will aim at 1.2700/30. If, however, GBP/USD slides below 1.2490, it will be the time for selling with targets at 1.2440 and 1.2390.
Elizabeth Belugina
Similar
Brent: is there a bottom?
On the W1, Brent oil formed a bullish “hammer”…
USD/CHF may rise a bit
USD/CHF formed a “hammer” candlestick on the D1. The most recent price low wasn’t confirmed by the Awesome Oscillator on this timeframe.
Popular
AUD/JPY looks exposed
AUD/JPY formed a “shooting star” candlestickon the W1. This week, it’s testing levels below the 50-week MA at 75.45.
Brent: is there a bottom?
On the W1, Brent oil formed a bullish “hammer”…
Gold and Japanese yen: who is not a safe-haven asset anymore?
In times of political and economic uncertainties, analysts recommend investing in safe-haven assets. However, since recently, the USD with the weak American economic data and the easing monetary policy has been losing its status. What about the JPY and XAU? The situation is unclear.
Choose your payment system
