
AUD/USD formed an inverted "Head and Shoulders’ and is targeting 0.7815, 0.7840, and 0.7860.
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USD/CAD formed a “gravestone doji” candlestick on the W1 ahead of the 50-week MA (1.3280). This is a bearish pattern, so the odds are that the pair will test lower levels. On the D1, the upside was limited by the 200-day MA, which is usually quite a strong obstacle. The price went below the October-November support line. For now, it still has the support of the 100-day MA in the 1.32 area. A decline below this point, however, will open the way down to 1.3160 and 1.3130. Resistance lies at 1.3225.
AUD/USD formed an inverted "Head and Shoulders’ and is targeting 0.7815, 0.7840, and 0.7860.
USD/JPY rose to the resistance of the 50-week MA at 106.00. The pair is not at the resistance line since the end of December.
USD/CAD reversed down from 1.2865 last week and formed a candlestick with a long upper wick on the W1.
Ichimoku Kinko Hyo GBP/JPY: The pair is trading above the cloud…
PepsiCo will publish its financial results for the first quarter of this year on April 15 at 13:00 MT. Be prepared!
Ichimoku Kinko Hyo GBP/JPY: The pair is trading above the cloud…
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