NZD/USD: entering the six-year resistance zone
The New Zealand dollar has been really strong lately. Will it beat the multiyear highs?
NZD/USD: confirmed 'Triple Bottom' pattern
2019-11-11 • Updated
A 'Triple Bottom' pattern has been confirmed by the last bullish 'Thorn'. Also, there's a 'Flag', so the market is likely going to reach the previously tested resistance by the 'Triple Top' pattern (0.6940). If a pullback from this level happens next, bears will probably try to achieve the closest support at 0.6847, which is near the Moving Averages.
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The dollar gains against low-yielding currencies on Wednesday, hitting a five-month high against the yen as US bond yields jumped on the prospects of further economic recovery.
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WTT: Currency Pairs To Trade In April
Hello again my friends, it’s time for another episode of “What to Trade,” this time, for the month of April. As usual, I present to you some of my most anticipated trade ideas for the month of April, according to my technical analysis style. I therefore encourage you to do your due diligence, as always, and manage your risks appropriately.
EURUSD: Seeking liquidity in weekly selling zones. Key intraday levels.
Bearish scenario: Sell below 1.0820 / 1.0841... Bullish scenario: Buy above 1.0827...
