USD/JPY formed a higher low last week. Then it broke above the resistance line connecting May 13 low and the highs of June.
Daily Market Analysis
The pair formed a “double top” pattern at the resistance line that has been in place since the start of 2018.
After its peak at the end of June, BTC/USD has been constantly forming lower highs and making significant legs to the downside.
EUR/GBP met resistance in the 0.8990 area. It failed to overcome this obstacle for the second week in a row.
EUR/CAD made a big breakout to the downside. On W1, you will see that it broke the support line from 2015.
NZD/CHF formed a bearish candlestick with a long lower shadow on W1.
In this article, we have gathered the main things you need to know about the US central bank and the USD.
To trade the Canadian dollar these days, you will need to have the info about the key fundamentals which are driving it: the upcoming Bank of Canada’s meeting (BOC) and the outlook for oil prices…
The pair failed to close above the declining 100-day MA on Thursday forming a candle which is very similar to a “shooting star”.
Technical analysis of AUD/CHF
XAU/USD, also known as spot gold, rose to the 1,440 area - the same zone that stopped its advance last week.
Technical analysis of GBP/NZD