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!
GBP/USD: confirmed bearish 'Harami'
2019-11-11 • Updated
There's a bearish 'Harami', which has been confirmed, so the price went through the 'Window'. Also, we've got a 'Three Methods' pattern, so the market is likely going to test the next support at 1.2777 in the short term. If a pullback from this level happens little later on and we have a bullish pattern, there'll be a moment for an upward correction towards the Moving Averages.
GBP/USD has managed to rise for the third trading day in a row including today’s Asian session, while the daily technical indicators are moving higher gradually.
Discover the outlook for EUR/USD, EUR/GBP, and GBP/USD.
Inflation in New Zealand is the highest since 1990, edging to 7.3% in Q2 2022. The currency is under heavy pressure as the Reserve Bank of New Zealand is trying to reverse the inflationary spiral. The week ahead will give us a valuable clue about the country’s monetary policy, and we are here to talk about that.
In the middle of September 2022, the Canadian dollar has fallen to a 2-year low against the USD
The US dollar index has all chances of reaching the 2000s high of 120.00.