Platinum is to drop soon
Platinum is likely to bounce back down after it reaches the local resistance level.
EUR/JPY inside an area of interest for buyers
EUR/JPY is hovering around the 200 SMA at H1 chart after having found support in the Fibonacci level of 61.8% at 130.04. We cannot discard a possible leg lower to test the Fibonacci area of 78.6% at 129.55, as the price action is starting to show a bearish divergence in the MACD indicator. That could put us in focus toward the Fibonacci level of -23.6% at 132.49 once it breaks above March 27th highs.
RSI indicator remains steady in the neutral territory.
Felipe Erazo
Similar
USDJPY is in a correction after checking the local support level.
The US dollar is currently in a correction, but is likely to continue the trend down.
The USD/CAD on a bullish reversal
The USD started the day dropping against the Canadian dollar, now on a bullish reversal.
Latest news
GBP/CAD is insatiable
GBP/CAD has broken above the ascending triangle, which is now providing support in the 1.7100/1.7060 area.
EUR/NZD: the short-term downtrend
EUR/NZD has been descending since the middle of October when it recoiled down from the resistance line connecting 2015 and 2018 highs.
Platinum is to drop soon
Platinum is likely to bounce back down after it reaches the local resistance level.
Deposit with your local payment systems
