Downside target for USD/CAD
USD/CAD has made an immense move to the downside on Tuesday falling by about 200 pips.
USD/CHF: a harmonic pattern
Trade ideas
SELL 0.9960; TP 0.8820; SL 0.9990
BUY 0.9900; TP 0.9945; SL 0.9885
It looks like a bearish “Bat” pattern is forming on the chart of USD/CHF. It means that the pair may probably be able to rise higher, to 78.6%/88.6% Fibo retracements of XA, but a decline will likely start from there. That scenario agrees with the fact that the resistance line from the 2019 highs is located in that area.
Elizabeth Belugina
Similar
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.
Trade setups for AUD/JPY
It’s worth paying attention to AUD/JPY. The pair has approached the resistance line connecting April and May highs.
Latest news
Oil rally takes breath
Oil prices have been climbing up for a long time. What have stopped them?
EUR/USD: who gets what
There has been some movement in the EUR/USD chart. What's happening?
STOCKS: reversal chart patterns
There was a notable reversal in the stock market on Wednesday. Have you noticed the reversal chart patterns?
Deposit with your local payment systems
