EUR/NZD: short-term idea
EUR/NZD is consolidating within a symmetric triangle around 1.7400. Where will it go next?
USD/MXN: the clues from the technical picture
Information is not investment advice
As you look for the technical trade ideas, pay attention to USD/MXN. On D1, the pair formed a bearish “shooting star” candlestick ahead of the resistance line from December high. In addition, the 100-day MA went below the 200-day MA. All this may mean that the pair isn’t just yet ready for a break to the upside. The further recovery is possible above 19.20, although the MAs in the 19.30 area will likely limit the upside.
Elizabeth Belugina
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EUR/NZD: short-term idea
EUR/NZD is consolidating within a symmetric triangle around 1.7400. Where will it go next?
GBP/CAD will be volatile
GBP/CAD made a huge leap to the upside yesterday and got above 1.65 and arrived at the resistance line from May.
XAU/USD awaits trade info
One of the most attractive bets on the positive outcome of the trade negotiation is selling XAU/USD.
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