EUR/NZD has stumbled
On the W1, EUR/NZD formed a candlestick with a long upper wick - a sign that sellers are strong in the 1.76 area.
EUR/CHF is trying to return to 1.14
Information is not investment advice
On W1, EUR/CHF formed a bearish candlestick with a long upper shadow. The pair failed to close last week above the line connecting October and February highs. Weekly Moving Averages also added to the resistance. At the same time, on D1 the pair got support from the 200-day MA at 1.1350. The euro will likely revisit the 1.14 area where it’s possible to try short positions. If the price manages to overcome the resistance, the next level to watch on the upside will be at 1.1440.
Elizabeth Belugina
Similar
AUD/CAD can get higher
AUD/CAD is trying to hold at some important long-term levels. A limited upside is possible from here.
GBP/JPY: trading on Brexit
What is the best way to bet on the positive outcome of the Brexit deal? Technically, the GBP has bullish potential versus the JPY.
Popular
EUR/NZD has stumbled
On the W1, EUR/NZD formed a candlestick with a long upper wick - a sign that sellers are strong in the 1.76 area.
AUD/CAD can get higher
AUD/CAD is trying to hold at some important long-term levels. A limited upside is possible from here.
GBP/JPY: trading on Brexit
What is the best way to bet on the positive outcome of the Brexit deal? Technically, the GBP has bullish potential versus the JPY.
Choose your payment system
