Is gold predictable now, at all? Let's consider some facts and observations.
NZD/USD: 34 Moving Average acted as resistance
Information is not investment advice
There's a 'Double Bottom', which pushed the market higher, but the 34 Moving Average has acted as resistance, so the price is consolidating. Also, we've got a 'Triple Top' pattern, which supposed to be the beginning of a local downward correction. Thus, we should watch the nearest important support at 0.6622 - 0.6609 as a potential bearish target. If a pullback from this area happens little later on, there'll be a moment for another upward price movement towards the previously tested resistance at 0.6666 - 0.6683.
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.