Oil prices will likely remain elevated as there are no signs that the Middle East tensions will ease anytime soon.
AUD/USD: confirmed 'Double Bottom'
Information is not investment advice
There's a 'Double Bottom', which has been confirmed enough, so the pair is rising. The main bullish target is the nearest resistance at 0.6962 - 0.6987 and the 89 Moving Average. The subsequent pullback from these level could be a starting point for another decline towards the next support at 0.6908 - 0.6891.
EUR/NZD is consolidating within a symmetric triangle around 1.7400. Where will it go next?
GBP/CAD made a huge leap to the upside yesterday and got above 1.65 and arrived at the resistance line from May.
One of the most attractive bets on the positive outcome of the trade negotiation is selling XAU/USD.