Technical analysis of EURNZD
Daily Market Analysis
Information is not investment advice
Will EURGBP continue its movement up?
The euro is fundamentally weak
AUD/CHF is trading within a long-term downtrend. Now there’s scope for a bullish correction.
Technical analysis of EURJPY
To gain the ability to head higher, towards 1.3445, USD/CAD needs to overcome 1.3355 (61.8% Fibo of the May-July decline).
The economic calendar for the upcoming week contains a number of important events…
EUR/CAD has tried to return above the previous support and now resistance line connecting the lows of 2015 and 2017.
EUR/GBP may be about to make a bigger downside correction. The pair closed yesterday below the August support line and slipped below the weekly pivot point at 0.9250.
EUR/NZD met resistance in the 1.7570 area, at the line connecting the 2019 highs.
What to expect for NZDCAD
USD/CHF fell to the lowest levels in almost a year. The pair slid below the June low at 0.9695.