Oil prices will likely remain elevated as there are no signs that the Middle East tensions will ease anytime soon.
USD/JPY: 'Window' acted as support
Information is not investment advice
The lower 'Window' has acted as support, so there're a 'Doji' and a 'Hammer' patterns, which both have been confirmed. It's likely that the pair is going to test the nearest resistance at 111.09 and the Moving Averages. The subsequent pullback from these levels could be a starting point for another decline towards the next support at 108.13.
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.