The USD made decisive moves mostly with the exotic currencies - let's have a look to prepare for new market entries.
NZD/CAD on the rise
On the H4 chart of NZD/CAD, the NZD is on the rise against the CAD, testing the resistance formed by the 6-weeks high of 0.8488. If it is broken, the next levels on the movement up will be the range of 0.8513-0.8519 and 0.8551. For the market reversion, several layers of support may be placed: 0.8424, 0.8391, 0.8280-0.8272 and 0.8247.
A great chance to make profit on stocks! Investors are inspired by economic reopening and optimistic vaccine news.
On May 27, the longtime cable TV provider AT&T will launch HBO Max – a new streaming platform. How will it affect the price of AT&T?
USD/CAD has made an immense move to the downside on Tuesday falling by about 200 pips.