USD/JPY is pressured by resistance
USD/JPY has declined from 111.70 and went into consolidation around 107.50.
Bad days for EUR/NZD
Information is not investment advice
Last week EUR/NZD tried to test levels above 1.70 but failed to hold there and ultimately closed at 1.6820, below the 100-week MA. The new week started with the euro testing levels below July low and the 50% retracement of the March-June advance at 1.6795. The next targets are 1.6677 (61.8% Fibo) and 1.65. The short-term outlook will remain negative as long as EUR/NZD is trading below 1.6900 (weekly pivot point).
Elizabeth Belugina
Similar
STOCKS: mystery ahead
S&P was looking upwards just a day ago. Something changed?
Levels to trade AUD/USD
After hitting a multiyear low just above 0.5500 on March 19, AUD/USD has formed a higher low in the 0.5720 area.
Popular
GBP or NZD: which currency has potential?
These days the US dollar has a lock on everyone’s attention. However, there are some interesting cross-currency movements that you can gain from.
USD/JPY is pressured by resistance
USD/JPY has declined from 111.70 and went into consolidation around 107.50.
STOCKS: mystery ahead
S&P was looking upwards just a day ago. Something changed?
Choose your payment system
