One of the most attractive bets on the positive outcome of the trade negotiation is selling XAU/USD.
Daily Market Analysis
USD/ZAR formed a bearish engulfing pattern on the D1. What does it mean?
AUD/JPY has reached the resistance line which is going down from September highs. What's next?
USD/JPY is forming on the H1 what looks like a bearish “Butterfly” pattern. Learn more!
USD/TRY ran into the resistance of 5.83. Traders are taking profit and readjusting positions after a very big advance that happened on Monday.
Last week, AUD/NZD formed a lower high on the D1 and then stayed below 1.0730/20 during the following days.
Have a look at the chart of CHF/JPY. The pair found support at the early September lows in the 106.85 area.
Technically WTI is testing levels below the 200-week MA. This makes it vulnerable for the retest of June and August lows.
America will release more economic figures on Tuesday and Friday, and USD/JPY should be one of the most active movers on the news.
EUR/JPY remains within the general downtrend and looks like it’s ready for another swing lower.
Times are quite turbulent for the British pound. GBP/CAD has already retraced down 61.8% of the August-September advance.
USD/JPY has been slowly moving higher during the recent days and approached September highs in the 108.47 area.