Oil prices will likely remain elevated as there are no signs that the Middle East tensions will ease anytime soon.
EUR/GBP: 'Triangle' about to be broken
Information is not investment advice
The pair is consolidating along the Moving Averages. It seems like we're going to have a 'Triangle' pattern. If so, we should watch the next resistance at 0.8860 - 0.8885 as an intraday target. If a pullback from these levels happens next, there'll be a moment for a bearish correction in the direction of the closest support at 0.8838 - 0.8811.
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.