
USD/JPY rose to the resistance of the 50-week MA at 106.00. The pair is not at the resistance line since the end of December.
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EUR/USD met resistance in the 1.1415 area. The pair’s advance in the recent days was quite rapid, so it might be hard for the euro to retain the bullish momentum. The return below the 50-week MA (1.1387) will open the way down to 1.1350 (200-day MA) and 1.1315. Below this level, the next area to watch will be at 1.1260 (100-day MA). The advance above 1.1420 is needed to open the way up to 1.1450 and 1.15. Much will depend on comments of the Fed’s Chair Powell pater today.
USD/JPY rose to the resistance of the 50-week MA at 106.00. The pair is not at the resistance line since the end of December.
USD/CAD reversed down from 1.2865 last week and formed a candlestick with a long upper wick on the W1.
The 200-period MA just above 1.3650 supported GBP/USD. The pair formed a higher low on the H1.
Tesla dropped amid the wider stock sell-off and by that erased all its gains for this year. Is it a good time to buy it or not yet?
Ichimoku Kinko Hyo EUR/JPY: The pair is trading below the cloud…
Ichimoku Kinko Hyo NZD/JPY: The pair is trading below the cloud…
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