Oil prices will likely remain elevated as there are no signs that the Middle East tensions will ease anytime soon.
USD/JPY: bullish 'Doji'
Information is not investment advice
There're bearish patterns such a 'Shooting Star' and a 'Harami', so the price is declining. At the same time, we've got a bullish 'Doji', which is likely going to be confirmed soon. This, we're going to have a local upward correction towards the nearest resistance at 111.26. The subsequent pullback from this level could be a starting point for a decline in the direction of the previously tested support at 109.37 be the lower 'Window'.
EUR/NZD is consolidating within a symmetric triangle around 1.7400. Where will it go next?
GBP/CAD made a huge leap to the upside yesterday and got above 1.65 and arrived at the resistance line from May.
One of the most attractive bets on the positive outcome of the trade negotiation is selling XAU/USD.