Tag - trade ideas

EUR/NZD tends to move in steep trends. Currently, it’s in the phase of decline.

AUD/USD has met the resistance of the 200-day MA at 0.73.

USD/CAD has reached the target at 1.3115 we’ve given earlier this week.

The pair will be vulnerable for a decline to support at 1.0440.

The downside correction is long due in XAU/USD. Gold is stuck ahead of resistance at 1298.50.

The pair broke above the resistance line going through October highs but then was stopped by the 50% Fibonacci at 14.6380.

EUR/USD keeps trading with volatility but in a small range. There’s a very strong support level at 1.1310 (200-week MA).

Concerns about the US-China trade tensions returned. Does the technical analysis offer a way to make money on this development?

USD/MXN has met resistance at the line connecting 2017 and 2018 highs.

On the daily chart, bulls are trying to return USD/CAD inside the long-term uptrend channel.

Analysts at Citi recommend buying GBP/JPY at 147…