As long as the price stays below 1.3370, the near-term focus will be on the 100-day MA at 1.3310.
Daily Market Analysis
XAU/USD has paused its advance in February and since then has been trading in a triangle-like fashion.
Last Monday Apple announced a big change in its strategy. What does it mean?
The last bearish 'Harami', which has been formed at the last local high, led to the current decline. It's likely that the price is going to...
Have a look at the weekly chart: AUD/USD is facing resistance in the 0.7130 area.
We've got a 'Thorn' pattern, which brings more evidence for the bullish outlook. In this case, we should keep watching...
USD/SGD is recoiling down from the resistance line going back from October highs.
There's a 'Hammer' pattern, which led to the current upward price movement. In this case, we should watch the nearest resistance...
We've got a local 'V-Bottom', so there's an opportunity to have an upward price movement towards the nearest resistance...
Despite various problems that hit the company in March, Facebook stock is doing rather well.
GBP/CAD has been trying to break above the 200-week MA at 1.7735 for 4 weeks.
With many political and economic uncertainties in the country, we may just wonder whether the local elections on March 31 will help the government to keep the lira under control.