The USD/CAD on a bullish reversal
The USD started the day dropping against the Canadian dollar, now on a bullish reversal.
GBP/USD: developing 'Rising Wedge' pattern
There's a developing 'Rising Wedge' pattern. It's likely that the market is going to test the next resistance at 1.3172 - 1.3216 soon. If a pullback from this area happens next, there'll be a moment to have a bearish correction towards the nearest support at 1.3123 - 1.3102.
The market is consolidating above the Moving Averages. It's likely that the pair is going to reach another resistance at 1.3172 - 1.3216 within the next few hours. This area could be a starting point for a decline in the direction of the Moving Averages.
Sergey Logachev
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
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.
XAU/USD: an attempt to recover
After forming a “hammer” candlestick on the D1 on Tuesday, XAU/USD rose to $1,467 and consolidated between this level and $1,461.
Deposit with your local payment systems
