USD/JPY: upside is limited
On the H1, USD/JPY is recovering after the selloff that took place during the previous three days.
EUR/NZD: the opportunity is still here
Information is not investment advice
When looking for pairs to trade to benefit from today’s meeting of the European Central Bank, pay attention to EUR/NZD. We already drew your attention to this pair last week, and the idea still looks good. Moreover, the pair has actually confirmed a “double top” on the D1 as it tried to retest the neckline and got rejected to the downside. Now it’s possible to join sellers on the break below 1.7060 (50% Fibo of the July-August advance, 100-day MA) targeting 1.6985 (100-week MA).
Elizabeth Belugina
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USD/CAD is capable of more
USD/CAD made big moves during the Bank of Canada’s meeting yesterday. Still, the rally may not be over yet.
Levels to trade EUR/USD
The price action in EUR/USD has been quite unfavorable for the euro. On The W1, the 50-week MA limited the pair’s advance.
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USD/JPY: upside is limited
On the H1, USD/JPY is recovering after the selloff that took place during the previous three days.
EUR/USD reminded about a slingshot strategy
The slingshot strategy is a good way to trade EUR/USD on the ECB meetings. Learn more!
USD/CAD is capable of more
USD/CAD made big moves during the Bank of Canada’s meeting yesterday. Still, the rally may not be over yet.
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