Last week marked the consolidation for the most active assets of March 1-15 (which is oil and gold). But next week has a lot to show, be ready to take part!
EUR/GBP: 'Pennant' led to bullish rally
2019-11-11 • Updated
The market has been rising since the last 'Pennant' pattern formed. Considering the last 'Thorn' pattern, the pair is likely going to test the nearest resistance at 0.8860 - 0.8885. The subsequent pullback from this area could be a starting point for a downward correction, so we should keep an eye on the closest support at 0.8838 - 0.8811 as an intraday target.
Walmart is one of the biggest retail corporations in the US, with $244 billion in total assets. Does it worth buying amid rising prices and supply concerns that shatter the world economy?
Japan's inflation is set to reach 2% in April's reading, for the first time since 2015. But what about the weaker Yen?!
Last week brought a selloff in markets. Some assets reached the most crucial support levels and are likely to reverse in a short term. Be ahead of trends and make the most out of this week!