Hello traders, what’s going on market after US closing?

EUR/GBP

There is a pinbar candle creating right below the last local low. Momentum is clearly bearish, and if today’s candle stays in its current shape, it will be a signal to consider selling the pair. Potential range of probable plunge is marked red line. 140

GBP/JPY

Despite of latest plunge, for two days in row GBP/JPY is possessed by bulls. Short term trendline still works, and the whole chart looks pretty optimistic to me. Destination for gains might be high from 17th of September.239

NZD/JPY

Long shadow of Wednesdays candle shows that bulls are trying to take over. Todays candle looks like a tiny pinbar, so if the shape remains it might be the right moment to open new longs. Transaction would be compatible with medium term trend. 326

EUR/NZD

There is still possibility for playing yesterdays pinbar. Shorts from current levels would be consistent with ruling downtrend. 45

Check out how narrow spreads can be!

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