The volatility of the oil price these days questions the previously taken uptrend. Or does it not?
NZD/USD: 'Triple Top' pattern
Information is not investment advice
We've got a 'Triple Top' pattern, which led to the current decline. Also, there's a 'V-Top', so the market is likely going to continue declining. The main bearish target is the next support at 0.6587 - 0.6572. The subsequent pullback from this level could be a starting point for a larger upward correction.
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?
USD/CHF formed a “hammer” candlestick on the D1. The most recent price low wasn’t confirmed by the Awesome Oscillator on this timeframe.
This week brought various economy news releases related to GBP. What is the layout of the British pound?
Read the opinion by Morgan Stanley and ANZ on the performance of AUD in Q1