NZD/JPY: watch the resistance
NZD/JPY has performed well this month forming higher lows and highs. It was supported by the 50-day MA in July and took off from that level.
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
EUR/JPY: the trend is bearish
EUR/JPY broke the support line connecting June lows and thus resumed the downtrend which has been in place since the start of 2018.
EUR/AUD reversed down
EUR/AUD is currently testing the support line from the start of 2017.
Latest news
EUR/USD: "Tweezers" on 34 Moving Average
There's no any reversal pattern so far, so the market is likely going to test the nearest resistance area in the short term...
GBP/JPY reversed from resistance zone
GBP/JPY reversed from resistance zone Next sell target - 149…
EUR/USD: no any reversal pattern so far
If we see a pullback from the lower 'Window', the pair is likely going to test the nearest Moving Averages...
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