Is gold predictable now, at all? Let's consider some facts and observations.
NZD/USD: pair to reach previously tested support
Information is not investment advice
There's a 'Triple Bottom', which pushed the market higher, so all the Moving Averages have been broken. Also, we've got a bullish 'Pennant' pattern. However, there's a local 'V-Top' pattern, so the market is likely going to reach the previously tested support at 0.6813. If a pullback from this level happens afterwards, we should watch the already reached resistance at 0.6882 - 0.6892 as an intraday bullish target.
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.
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.
USD/JPY has declined from 111.70 and went into consolidation around 107.50.
S&P was looking upwards just a day ago. Something changed?