AUD/JPY: Risk off remains and gains momentum
U.S. stocks are set to open lower later, on a combination of the pandemic news and the downbeat news from Tech’s Old Guard late on Thursday.
USD/CHF: price testing the 34 Moving Average
Information is not investment advice
There's a possible 'Triple Top' pattern, so the price is testing the 34 Moving Average line. Also, we've got a 'Thorn' pattern, which brings more evidence for the bullish outlook. In this case, we should keep watching the next resistance at 1.0000 - 1.0009 as a potential target for the ongoing upward correction. The subsequent pullback from this area could be a departure point for a downward price movement towards the closest support at 0.9925 - 0.9904.
Sergey Logachev
Similar
USD strength on risk off mood
Asian equity markets traded cautiously after the mixed lead from Wall St where most indices stalled at record levels
Gold: trade the lower drift
How do we trade the gold price? It seems to be losing the upside momentum - no problem for bears!
Popular
AUD/JPY: Risk off remains and gains momentum
U.S. stocks are set to open lower later, on a combination of the pandemic news and the downbeat news from Tech’s Old Guard late on Thursday.
Oil dropped on weak demand
Oil fell below $52.00 because investors expect a weaker oil demand amid rising Covid-19 infections and new lockdowns.
USD strength on risk off mood
Asian equity markets traded cautiously after the mixed lead from Wall St where most indices stalled at record levels
Choose your payment system
