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GBP/USD is consolidating in a triangle that could take the pair in either direction. Which way will the pair go in the next trading sessions?
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With the RBNZ’s 25 bps rate cut already baked in, this week’s decision could actually fire up Kiwi. Here is why NZD/CAD and NZD/JPY may offer legit setups.
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Market expectations for a 0.25% RBNZ rate cut appear to be well-priced in, but what if the central bank announces an even larger 0.50% reduction and scope for further easing? Here’s what I’m watching on NZD/CAD and NZD/USD.
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Remember that gold symmetrical triangle we were watching a while back? The precious metal bounce off support and looks ready to test the top again. Will we see a breakout this time?
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The Greenback is testing a key resistance area against the Swiss franc! Will we see an upside breakout this week?
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WTI crude oil has been cruising lower inside a short-term channel, and it looks like the energy commodity could be aiming much lower from here. Or can it still pull off a longer-term reversal?
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Is the trend still our friend on NZD/JPY? The pair is hitting a ceiling at its channel top but could still find buyers at the nearby correction levels. Take a look!
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AUD/USD is back at an inflection point that acted as support THREE times in the past few weeks. Will the bulls step in to defend this level again?
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EUR/CAD appears to have completed a reversal pattern on its 4-hour time frame and is currently testing its neckline. Will it break out and confirm a new trend soon?
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EUR/USD is back near a key area of interest after pushing above a resistance zone! Will the pair head higher in the next trading sessions?
Read MoreThe only way to discover the limits of the possible is to go beyond them into the impossible.Arthur Clarke