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NZD/USD intraday: rebound
Alternative scenario: the downside breakout of 0.6196 would call for 0.6168 and 0.6152.
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USD/SGD intraday: target 1.3420
The MACD must penetrate its zero line to expect further downside.
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USD/JPY intraday: as long as 136.19 is support look for 137.94
Alternative scenario: the downside breakout of 136.19 would call for 135.53 and 135.14.
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NZD/JPY intraday: the upside prevails as long as 84.72 is support
Alternative scenario: the downside breakout of 84.72 would call for 84.32 and 84.08.
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GBP/JPY intraday: rebound towards 164.80
Alternative scenario: below 162.73, expect 161.95 and 161.48.
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GBP/NZD intraday: the downside prevails as long as 1.9268 is resistance
The MACD is below its signal line and negative.
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EUR/NZD intraday: the downside prevails as long as 1.7086 is resistance
The configuration is negative.
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EUR/NZD intraday: the downside prevails as long as 1.7086 is resistance
Our preference: the downside prevails as long as 1.7086 is resistance.
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GBP/AUD intraday: the downside prevails as long as 1.7804 is resistance
Our preference: the downside prevails as long as 1.7804 is resistance.
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How to use the Gold USD correlation to trade fx
When the value of the US Dollar moves higher, many assume that the value of Gold should move lower. ...
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Mid-Week Technical Outlook: Keep An Eye On The Trend
Global equity markets flashed red on Thursday as rate hike fears soured the market mood and left inv...