The USD/CAD on a bullish reversal
The USD started the day dropping against the Canadian dollar, now on a bullish reversal.
USD/CAD: confirmed 'V-Bottom' pattern
The last 'Double Top' pushed the market lower, but there's a 'V-Bottom', which has been confirmed. In this case, we should watch the nearest resistance at 1.3231 as an intraday target. If a pullback from this level and the Moving Averages happens afterwards, there'll be a moment for another decline in the direction of the next support at 1.3117 - 1.3101.
Sergey Logachev
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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
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GBP/JPY tests the upside
It looks like GBP/JPY is finally trying to break out of the recent consolidation. Learn more!
XAU/USD: a short-term trade
Last week XAU/USD recovered 38.2% of the November decline. However, the advance of gold was limited by the declining 50-period MA on the H4.
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.
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