The USD/CAD on a bullish reversal
The USD started the day dropping against the Canadian dollar, now on a bullish reversal.
GBP/JPY may be forming correction
GBP/JPY has been testing the support at 136.60. A break below this level will provoke a decline to 135.90. However, it seems like the correction has been forming. On the daily chart, MACD and Stochastic Oscillator have formed a bullish divergence with the chart. RSI (8) is in the oversold area. It means that the recovery may happen soon. If the pair sticks above 136.60, odds of the rise towards 138.14 will increase. If the pair falls below 136.60, the rebound may occur from 135.90.
Darya Bobrova
Similar
Will the CHF bounce back down from the resistance?
Today, the CHF has risen up to the strong resistance level. A bounce back is a very probable scenario.
EUR/USD at the 3-weeks low
Euro has started the morning with the correction after reaching a 3-weeks low with bearish potential
Latest news
GBP/USD: levels to trade
GBP/USD has been consolidating between 1.30 and 1.2770 for the past month. The pair met resistance at the resistance line connecting October and November highs.
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.
Deposit with your local payment systems
