The volatility of the oil price these days questions the previously taken uptrend. Or does it not?
GOLD: price to test upper 'Window'
Information is not investment advice
The last bullish 'Tweezers' pushed the price higher. There's no any bearish pattern so far, so the market is likely going to reach the nearest resistance at 1308.51 by the upper 'Window'. If a pullback from this level happens little later on, bears will probably try to achieve the previously tested the 89 Moving Average.
AUD/JPY finds itself at the crossroads of several trends - we will use various time frames to foresee the possible scenarios.
EUR/AUD has been in consolidation lately; are there any clear bullish signs or it is better to hold positions?
On the W1, Brent oil formed a bullish “hammer”…
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.
USD/CHF formed a “hammer” candlestick on the D1. The most recent price low wasn’t confirmed by the Awesome Oscillator on this timeframe.