AUD/JPY needs to decide
AUD/JPY has reached the support line connecting August and October lows in the 73.30 area. What's next?
Apple’s stock is at risk
Trade idea
SELL 203.80; TP1 200.00; TP2 197.50; TP3 191.50; SL 205.00
The stock of Apple formed a bearish candlestick with a very long upper shadow on W1 and closed below the 2018-2019 resistance line. This is a big bearish technical development. In addition, bear in mind that Apple is extremely vulnerable to the increasing trade tensions between the United States and China. As a result, this week the stock’s price will likely stay under the negative pressure. Our targets are at 200.00 (psychological level), 197.35 (50-, 100-day MAs )and finally 191.50 (50-week MA). Resistance is at 208.00 and 215.00.
Elizabeth Belugina
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AUD/JPY needs to decide
AUD/JPY has reached the support line connecting August and October lows in the 73.30 area. What's next?
The USD/CAD on a bullish reversal
The USD started the day dropping against the Canadian dollar, now on a bullish reversal.
XAU/USD: an attempt to recover
After forming a “hammer” candlestick on the D1 on Tuesday, XAU/USD rose to $1,467 and consolidated between this level and $1,461.
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