EUR/JPY formed a “hammer” candlestick on D1.
Tag - eur
The Bank of Canada will host a meeting at 17:00 MT time…
The market is likely going to test the 34 Moving Average in the coming days...
Let's find out the trading opportunities for this week.
Trade ideas for May 27
Have a look at the pair EUR/NZD as it might present some interesting trade ideas.
The moves of the main pairs
Although EUR/CHF has already made a big leap to the downside, the weekly chart shows that the decline looks unfinished.
Considering the last 'Thorn' pattern, the pair is likely going to test the nearest resistance at 0.8860 - 0.8885...
Check the moves of GBP/JPY, EUR/USD and USD/CAD.
What currencies to consider this week…
There's a 'Shooting Star', which has been confirmed enough. It's likely to have a local upward correction towards...