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: 'V-Bottom' pushing market higher
2019-11-11 • Updated
The pair has been rising since the last 'V-Bottom' pattern was formed. Also, all the Moving Averages have been broken. In this case, we should watch the previously tested resistance at 0.8697 - 0.8722 as a potential target. The subsequent pullback from this level could lead to a downward correction towards the Moving Averages.
The US dollar index has all chances of reaching the 2000s high of 120.00.
The Consumer Price Index announcement by Statistics Canada is set for release in a few hours will reveal the state of inflation in the Canadian economy
After bouncing off the previous Major trendline last month, Bitcoin seems to be retesting the support area again in hopes of catching a bullish momentum.