AUD/JPY looks exposed
AUD/JPY formed a “shooting star” candlestickon the W1. This week, it’s testing levels below the 50-week MA at 75.45.
NZD/USD turned down
Information is not investment advice
Last week NZD/USD made a significant thrust to the downside. The pair went below the 200-day MA that is now providing resistance in the 0.6730 area. The weekly pivot point is located at 0.6710 and the picture will remain bearish as long as NZD/USD is trading below this level. It looks like the pair is finally breaking the previous range between 0.67 and 0.6950 to the downside. That’s why we favor sell trades.
Elizabeth Belugina
Similar
Brent: is there a bottom?
On the W1, Brent oil formed a bullish “hammer”…
USD/CHF may rise a bit
USD/CHF formed a “hammer” candlestick on the D1. The most recent price low wasn’t confirmed by the Awesome Oscillator on this timeframe.
Popular
AUD/JPY looks exposed
AUD/JPY formed a “shooting star” candlestickon the W1. This week, it’s testing levels below the 50-week MA at 75.45.
Brent: is there a bottom?
On the W1, Brent oil formed a bullish “hammer”…
Gold and Japanese yen: who is not a safe-haven asset anymore?
In times of political and economic uncertainties, analysts recommend investing in safe-haven assets. However, since recently, the USD with the weak American economic data and the easing monetary policy has been losing its status. What about the JPY and XAU? The situation is unclear.
Choose your payment system
