Oil prices will likely remain elevated as there are no signs that the Middle East tensions will ease anytime soon.
EUR/GBP: another 'V-Top' pattern
Information is not investment advice
There's another 'V-Top' pattern, but the market is consolidating. It's likely that the price is going to reach the previously tested support at 0.8483 soon. If any bullish pattern form on this level little later on, there'll be time for an upward correction in the direction of the nearest resistance at 0.8574 - 0.8594.
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.