Downside target for USD/CAD
USD/CAD has made an immense move to the downside on Tuesday falling by about 200 pips.
EUR/NZD: the downtrend is still on
Trade idea
SELL 1.6500; TP1 1.6465; TP2 1.6410; SL 1.6515
EUR/NZD has stalled ahead of the downtrend resistance line. The pair formed a “shooting star” candlestick on the daily chart. The main support is located in the 1.64 area, where the pair has met support twice during the latest month. As a result, it’s possible to expect a minor movement to the downside.
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
