CHF/JPY reached long-term resistance
CHF/JPY is trading at the resistance line since September 2018 high. The upside is also limited by the 100-day MA at 108.85.
EUR/AUD has some fuel
Information is not investment advice
EUR/AUD formed a "hammer" candlestick on the W1, above the 50-week MA in the 1.6010 area. There's also a 100-day MA just above 1.6050. The pair tried to retest levels below it earlier this week but then closed higher. All of this lets us think about a bullish scenario. The advance above Friday's high at 1.6170 area will open the way up to 1.62 (100-day MA) and potentially to 1.6235 (200-day MA). Support lies at 1.6090 (200-period MA on H4). The decline below it will mark a return to 1.6050.
Elizabeth Belugina
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CHF/JPY reached long-term resistance
CHF/JPY is trading at the resistance line since September 2018 high. The upside is also limited by the 100-day MA at 108.85.
EUR/NZD: short-term idea
EUR/NZD is consolidating within a symmetric triangle around 1.7400. Where will it go next?
GBP/CAD will be volatile
GBP/CAD made a huge leap to the upside yesterday and got above 1.65 and arrived at the resistance line from May.
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