CADCHF - Watch this breakdown Potential short trade 1-2-3 pattern
EURJPY To Continue with its Downward Trend
The AUD/USD currency pair continues trading on sidelines nearby 0.6900, due to domestic housing data and trade agreement news. Consider staying bearish below 0.6900 to target 0.6845.
Litecoin Moving in a Trading Range, which is a support area. We need to see the price out of this area to assess a new trend.
Ethereum in a Trading Range, but slightly biased to the downside. The price has crossed the ascending trendline and the Bollinger bands point down.
Ripple moves in a Trading Range, just in a support area. We need to see the price above the descending trendline to believe in a bullish reaction.
Again creating a bottom, but making lower highs, in a triangular structure. Bollinger bands still pointing downwards, and the price below its BB mid-line is bearish. MACD is useless as it is.
The Copper daily chart corresponds to our long term overview.
The Copper weekly chart corresponds to our long-term overview.
At the starting of the week, the AUD/USD currency pair trading near 0.6910, fluctuate in the tight range due to key event concerns this week. The AUD/USD pair is in the support of the bears. Consider staying bearish below 0.6920 today
The price has followed Bitcoin's path.
Currently, the price is moving in a similar fashion to the Bitcoin but slightly more bullish.
Side action after Saturday's drop. The price moves at support levels. The price bounced from the MACD central line so the outlook is a bit bearish.
The price visited the mid-line of the Bollinger bands, something that is usual, but the trend has not changed. The only good news is the bouncing spike that showed strong support at $9,100
Watch the breakdown before to sell.
This chart corresponds to our long-term overview from Crude Oil.
Bitcoin drops below $10,000 on high volume.