Ichimoku Kinko Hyo CNH/JPY: The CNH/JPY pair is trading above the Kumo…
GBP/USD: 'Morning Doji Star' pattern
Information is not investment advice
We've got a 'Morning Doji Star'. Considering confirmation of this pattern, the pair is likely going to reach the closest resistance at 1.2885. If a pullback from this level happens next, there'll be a green light for a decline in the direction of the previously tested support at 1.2473.
In the middle of September 2022, the Canadian dollar has fallen to a 2-year low against the USD.
The US dollar index has all chances of reaching the 2000s high of 120.00.
Many investors treated gold as a protection against inflation. However, last week, gold lost its major support and dropped despite rising inflation. Why did it act like this?