USD/CAD has made an immense move to the downside on Tuesday falling by about 200 pips.
EUR/USD: euro going to new 3W-highs
Technical levels: support – 1.2380; resistance – 1.2440.
- Buy — 1.2380; SL — 1.2360; TP1 — 1.2440; TP2 — 1.2470;
Reason: bullish Ichimoku Cloud with rising Senkou Span A; a new golden cross of Tenkan-sen and Kijun-sen above the Cloud; the Bulls breaking out the SSB’s resistance and returned to positive zone; expected the a highs.
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.
It’s worth paying attention to AUD/JPY. The pair has approached the resistance line connecting April and May highs.
There was a notable reversal in the stock market on Wednesday. Have you noticed the reversal chart patterns?
The US-China relations are getting more tensed over Hong-Kong. How does that affect the USD?
A great chance to make profit on stocks! Investors are inspired by economic reopening and optimistic vaccine news.