Is gold predictable now, at all? Let's consider some facts and observations.
USD/JPY: market to test upper 'Window'
Information is not investment advice
There's a local 'Shooting Star' pattern, but the Moving Averages acted as support, so we've got a bullish 'Hammer', which hasn't been confirmed yet. In this case, the market is likely going to test the upper 'Window' (112.65) in the coming days. If a pullback from this level happens next, bears will probably try to achieve the closest support at 110.09.
Gold has been losing value lately. But recently, it is back up. Is it a good time to buy?
S&P falling this much, this stock falling that much... Not all the stocks are like this! Some of them keep standing and defying the virus damage.
AUD looks stronger, RBA keeps the rate steady. How positive is the picture?
On the H4, we can see that EUR/USD has found a temporary bottom in the 1.0770 area. The pair is now trading above the former short-term resistance line going down from March highs (1.0835).
The USD/CAD price has been falling down since March 19. What are the reasons?