EUR/JPY is on shaky ground
The euro is fundamentally weak
Gold got new strength
Information is not investment advice
Trade idea
BUY 1313.60; TP 1322; SL 1310
BUY 1324; TP 1333; SL 1321
The outcome of the Federal Reserve’s meeting was dovish enough to let gold prices soar. XAU/USD closed above March 13 high in the 1311 area. As long as the price stays above this support level, it will be poised to advance to 1322 (61.8% Fibo retracement of the February-March decline). The best opportunity to enter the market will be if XAU/USD revisits lower levels.
Elizabeth Belugina
Similar
AUD/CHF may recover
AUD/CHF is trading within a long-term downtrend. Now there’s scope for a bullish correction.
Levels for trading USD/CAD
To gain the ability to head higher, towards 1.3445, USD/CAD needs to overcome 1.3355 (61.8% Fibo of the May-July decline).
Popular
EURNZD is in the overbought zone
Technical analysis of EURNZD
EURGBP got a boost
Will EURGBP continue its movement up?
EUR/JPY is on shaky ground
The euro is fundamentally weak
Choose your payment system
