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

GBP/USD

We probably are going to see a pinbar at daily chart, but even though we shouldn’t be sure if it is a buy signal. Todays candle fits in previous one, so we technically are in consolidation. It is especially clear if you check the pair at lower intervals. Only breakout from current range would signal future market direction.

NZD/USD

Pair had met the current trendline, but most importantly – key resistance zone at previous highs. Todays candle is quite small, but if it turn out to be a pinbar, selling NZD/USD from current levels wouldn’t be a mistake.

AUD/NZD

There was reaction of buyers after falls during last asian session. If todays candle form a pinbar, it will be signal for consideration of going long. Trend is still bullish, and todays trading had place right above local support zone.