EUR/NZD is ready to fall
The pair’s continuing the overall downtrend since October as it breached down the wedge earlier this month.
AUD/USD: aussie going lower
Technical levels: support – 0.7370; resistance – 0.7440.
Trade recommendations:
- Sell — 0.7420; SL — 0.7440; TP1 — 0.7370; TP2 — 0.7340.
Reason: narrow bullish Ichimoku Cloud, falling Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen with falling lines; the prices are under the Cloud and bounced from Senkou Span B.
Tatyana Norkina
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USD/SGD: a chance to recover
USD/SGD has rebounded from the 50-week MA (1.3520) and is now retracing November-January decline.
AUD/USD may fall
If this week the Aussie closes in the negative area, it will continue towards the lower levels in line with the long-term downtrend.
Latest news
EUR/USD: local 'V-Top' pattern
The market is likely going to continue declining. The main intraday target is the next support at 1.1526 - 1.1508...
GBP/USD: pound entered into channel Tenkan-Kijun
Bullish Ichimoku Cloud with horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen with horizontal lines; the market is under strong resistance and prices entered into the channel Tenkan-Kijun.
AUD/CAD falling inside impulse waves 3 and (C)
AUD/CAD falling inside impulse waves 3 and (C) Next sell target - 0…
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