Downside target for USD/CAD
USD/CAD has made an immense move to the downside on Tuesday falling by about 200 pips.
EUR/GBP met resistance
Trade ideas
SELL 0.8960; TP 0.8937; SL 0.8970
SELL 0.8915; TP 0.8880; SL 0.8930
EUR/GBP met resistance in the 0.8990 area. It failed to overcome this obstacle for the second week in a row. There’s bearish divergence on the daily Awesome Oscillator. In the near term, we’ll likely see a correction to 0.8937. The decline below 0.8920 will open the way down to 0.8875.
Elizabeth Belugina
Similar
NZD/USD: is the correction over?
Last week NZD/USD once again met resistance in the 0.6155 area. As you can see from the chart, this area stopped the pair twice before within the recent month.
Trade setups for AUD/JPY
It’s worth paying attention to AUD/JPY. The pair has approached the resistance line connecting April and May highs.
Latest news
Top 4 promising stocks by Morgan Stanley
Despite the uncertainties, MS sees some stocks continue beating their records. Check them out!
GBP: expect turbulence in June
The British pound entered summer higher against USD and EUR. What’s the reason?
USD/JPY: 2-week channel under question
The USD/JPY is at the lower border of the 2-week channel. Will it be broken?
Deposit with your local payment systems
