Welcome to the night trip 🙂
EUR/USD has lost value but still we has a big upward candle from Friday, and 2 pin bars earlier. Tomorrow it may be the upward correction will be extended if, however, soon be over. It’s about reading the ZEW index for Germany, the forecasts assume a further decline in the index, and if you really happen price will be able to return to Euro falls tomorrow.
GBP/USD – the chart without major changes, the price continued to decline, and only in the the support area we expect any changes or signals. Reaching the course to support area to coincide with the macro data that await pound this week.
USD/CAD – it’s one of the few currency pairs, where there was a larger movement. Once better data from the Canadian real estate market CAD strengthened. The most interesting thing was in pair with USD, where again we reject the resistance area, but not strong enough to make judgments about further declines. Price still near this zone and we are still waiting for the finding.
