EUR/NZD: short-term idea
EUR/NZD is consolidating within a symmetric triangle around 1.7400. Where will it go next?
EUR/CHF: it’s hard for the euro
Information is not investment advice
EUR/CHF met resistance at the 50-week MA around 1.14. The Moving Average has recently formed a “dead cross” with the 100-week MA. Given the fact that EUR/CHF is overbought on lower timeframes, it will likely turn down towards the middle of the trading range which has been in place since August. The levels to target on the downside are 1.1360 (200-day MA) and 1.1310 (50-day MA).
Elizabeth Belugina
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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.
XAU/USD awaits trade info
One of the most attractive bets on the positive outcome of the trade negotiation is selling XAU/USD.
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