AUD/USD turned down
AUD/USD made another attempt to close below the 50-day MA at 0.6845 and this time it was successful.
Trade ideas for EUR/JPY
Information is not investment advice
EUR/JPY is correcting up. There’s a bullish impulse on H4. However, the overall trend remains bearish. Moving averages are in a negative position. As a result, we think about selling the pair on rallies.
The upcoming events will surely bring volatility: the euro area will release flash CPI figures at 12:00 MT time today. In addition, the European Central Bank will meet on Thursday. All in all, the euro area has a lot of economic and political problems and is vulnerable to China’s economic slowdown, so we don’t think that the euro will be able to reverse to the upside.
Elizabeth Belugina
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EUR/AUD has some fuel
EUR/AUD formed a "hammer" candlestick on the W1, above the 50-week MA in the 1.6010 area.
EUR/USD pushed up from support
EUR/USD spiked down to the September low in the 1.0930 but failed to stay there and closed around 1.1060 on Thursday.
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AUD/USD turned down
AUD/USD made another attempt to close below the 50-day MA at 0.6845 and this time it was successful.
EUR/AUD has some fuel
EUR/AUD formed a "hammer" candlestick on the W1, above the 50-week MA in the 1.6010 area.
USD/CAD is in a triangle
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