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/USD: euro will test SSB’s support
Technical levels: support – 1.1760; resistance – 1.1880.
Trade recommendations:
- Buy — 1.1760; SL — 1.1740; TP1 — 1.1820; TP2 – 1.1880.
Reason: bullish Ichimoku Cloud, but horizontal Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen with falling Kijun-sen; the prices are on the strong support of Senkou Span B
Tatyana Norkina
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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
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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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