Oil prices will likely remain elevated as there are no signs that the Middle East tensions will ease anytime soon.
USD/JPY: market to reach upper 'Window'
Information is not investment advice
The market is still consolidating between two 'Windows'. Also, there's a bullish 'Doji', which has been confirmed enough. Considering that the price fixated above the Moving Averages, it's likely that the pair is going to test the upper 'Window' (112.65) soon. If a pullback from this level happens next, there'll be a moment for another decline towards the lower 'Window' (109.69).
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.