The volatility of the oil price these days questions the previously taken uptrend. Or does it not?
USD/CAD: 34 Moving Average acted as support
Information is not investment advice
There's a bullish 'Hammer', which has been confirmed. Also, the 34 Moving Average has acted as support. Thus, it's likely that the pair is going to reach the next resistance at 1.3563. If a pullback from this level happens next, there'll be a moment for a downward correction towards the previously tested support at 1.3396.
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