USD/CHF formed a “hammer” candlestick on the D1. The most recent price low wasn’t confirmed by the Awesome Oscillator on this timeframe.
Daily Market Analysis
Walmart stock price has been in a downtrend recently. Do we have to worry?
This week brought various economy news releases related to GBP. What is the layout of the British pound?
Read the opinion by Morgan Stanley and ANZ on the performance of AUD in Q1
On Thursday, EUR/USD will be driven by the economic releases in Europe and the United States.
NZD/CHF fell this week as the Swiss franc appreciated versus other currencies. However, the positive market sentiment related to the US-China trade deal helped the pair to find support in the 0.6355 area.
AUD/JPY has been recovering from the 74.00 area since the start of January, but met resistance in the 76.00 area.
Coca-cola stock seems to be a promising investment opportunity. What is the detailed layout?
EUR/JPY is enjoying the medium-term uptrend since the start of September. The pair’s currently trading above the 50-week MA (121.66) and above December highs (122.50).
Last week GBP/USD has failed to stay above the 200-week MA (1.3065) for the second time.
EUR/GBP formed a candlestick with a long lower wick on the MN chart – a sign of reversal to the upside…
What if the market uncertainties prevail and the risks of the recession renew? The central banks should have more opportunities to stimulate the economy. However, low rates for most of the central banks and negative for some of them mean the banks are at the edge.