EUR/NZD: short-term idea
EUR/NZD is consolidating within a symmetric triangle around 1.7400. Where will it go next?
GBP/CAD: a bearish pattern
Information is not investment advice
GBP/CAD met the resistance of the 50-month MA in the 1.7765 area. On W1, the pair formed a bearish “dark cloud cover” pattern at the 200-week MA. The pound turned down from this line for the second time this year. This means that there’s significant selling pressure around 1.7670. The decline below the 38.2% Fibo from the 2018-2019 advance at 1.7340 will open the way down to 50% retracement at 1.7200. Resistance is at 1.7520, 1.7670, and 1.78.
Elizabeth Belugina
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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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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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