Platinum is to drop soon
Platinum is likely to bounce back down after it reaches the local resistance level.
EUR/USD: bearish 'Engulfing' pattern
There's a local bearish 'Engulfing', which has been confirmed. In this case, the market is likely going to test the next support area, which could be a starting point for an upward correction.
We've got a 'Three Black Crows', which has been formed under the 55 Moving Average. Also, the pair went through the last 'Window'. So, after a short break, the pair is likely going to reach the closest support.
Galya Svetlova
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The USD/CAD on a bullish reversal
The USD started the day dropping against the Canadian dollar, now on a bullish reversal.
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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.
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