All Eyes Focusing on Today’s Trump - Biden Debate
EUR/USD has violated the first resistance trendline area 1.1680
NZD/USD: 34 Moving Average acted as resistance
Information is not investment advice
There's a 'Double Bottom', which pushed the market higher, but the 34 Moving Average has acted as resistance, so the price is consolidating. Also, we've got a 'Triple Top' pattern, which supposed to be the beginning of a local downward correction. Thus, we should watch the nearest important support at 0.6622 - 0.6609 as a potential bearish target. If a pullback from this area happens little later on, there'll be a moment for another upward price movement towards the previously tested resistance at 0.6666 - 0.6683.
Sergey Logachev
Similar
British Pound Gains Momentum
European shares slipped on Tuesday as investors awaited the first U.S. presidential debate and eyed progress of a fiscal stimulus package in Washington
EUR/USD has more Upside Bias than Downside
EUR/USD has violated the pivot point and stands next to the resistance area 1.1680
Popular
USD/JPY keeps rallying
USD/JPY has been rising for almost a week except for Monday, but the strong resistance of the 50-day moving average at 105.80 may stop it from moving higher.
Bank of America bets S&P 500 will rise by 30%
BoA released the report with the bullish forecast for the S&P 500 and shared its technical analysis. Let's discuss it in detail.
All Eyes Focusing on Today’s Trump - Biden Debate
EUR/USD has violated the first resistance trendline area 1.1680
Choose your payment system
