When Twitter Inc. and Snap Inc. posted quarterly revenue that blew past analysts’ expectations, the results bumped up the shares of the two of their larger rivals: Facebook Inc. and Alphabet Inc.
NZD/USD can test lower levels
Information is not investment advice
NZD/USD met resistance around 0.6875 (resistance line connecting February highs). Above this area, the pair will face more resistance levels rather close nearby (0.6900, 0.6940 - previous highs). The decline below 0.6830 will confirm a “Double top” and make the pair move towards the support line connecting this year’s lows (0.6755).
EUR/USD managed to rise for a very short period of time right after the ECB decision to as high as 1.1798 before declining and giving away its entire gains.
US Equities bounced back again in the past two days, while the S&P500 recovered all of its declines after holding well above its 50-day MA for the fifth time this year.
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