NZD/USD: is the correction over?
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.
Stock market: McDonald’s is near resistance
Trade idea
BUY 185.70; TP 187.50; SL 185.40
Last week the stock of McDonald’s took off from the support in the 180.50 area and approached March high at 185.60. Above this level, we see scope for some further upside, to the resistance line connecting November and January highs at 187.60. This level will likely represent an obstacle for buyers.
Notice that to trade stocks with FBS you need to open an MT5 account in your personal area.
Elizabeth Belugina
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It’s worth paying attention to AUD/JPY. The pair has approached the resistance line connecting April and May highs.
How to trade EUR/GBP?
The way EUR/GBP bottomed around 0.8700, then rose above 0.8870 and jumped from the trendline support at 0.8910 shows that the pair possesses bullish momentum.
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