This webinar gives you essentials you need to know if you plan to trade gold…
Tag - trade ideas
You can triple your investment with FBS CopyTrade. Hear the success story and make your own happen.
EUR/NZD has recently made a number of attempts to approach 0.76 but all of them failed.
Although both the AUD and the NZD suffer versus the USD, it seems that, for now, the Australian currency is a bit stronger than New Zealand’s one.
USD/MXN had a very bullish August. The pair is currently testing the resistance line connecting the highs of 2017 and 2018 at 20.12.
XAU/USD has broken above the 50% Fibo of the 2011-2015 decline at 1,480 and the previous August high at 1,535.
GBP/AUD broke above 1.8015 leaving the range within which it consolidated since the start of July.
Yesterday GBP/USD found the support of the weekly pivot point at 1.2213. As long as the pair remains above this point, it has a chance to test higher levels.
It turns out that the Swiss National Bank is buying foreign currency in order to limit the appreciation of the CHF.
After its peak at the end of June, BTC/USD has been constantly forming lower highs and making significant legs to the downside.
XAU/USD, also known as spot gold, rose to the 1,440 area - the same zone that stopped its advance last week.
The NZD remains in a downtrend versus the CHF and the JPY as the market is still in the risk-averse mode.