Is gold predictable now, at all? Let's consider some facts and observations.
Head and shoulders of EUR/AUD?
Information is not investment advice
It seems like on the daily chart, EUR/AUD has been forming the "head and shoulders pattern". However, the right shoulder is forming still. If the pair breaks below 1.5985, we can anticipate a further decline to 1.5910. The next target of the pattern will lie at 1.5814. Nevertheless, indicators signal a possible rebound. The awesome oscillator has formed a bullish divergence with the price chart. RSI indicator is near the oversold area. If the pair stays above 1.5985, we may see a rise to 1.6076.
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.
Will there be lower bottom with S&P or not? Let's analyze together.
How does the GBP/USD look like?
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.