The volatility of the oil price these days questions the previously taken uptrend. Or does it not?
USD/CAD: price to test Moving Averages
Information is not investment advice
The last bearish 'Shooting Star' and 'Harami' haven't been confirmed and there's no any reversal pattern so far. In this case, we're likely going to have a local downward correction towards the nearest support at 1.1386 above the Moving Averages. The subsequent pullback from these levels could be a departure point for another advance towards the next resistance at 1.3559.
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?
On the W1, Brent oil formed a bullish “hammer”…
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.
USD/CHF formed a “hammer” candlestick on the D1. The most recent price low wasn’t confirmed by the Awesome Oscillator on this timeframe.