Hello Traders, what’s going on market after US closing?
EUR/GBP
Pinbar candle is creating on daily chart. Everything is happening below local resistance zone, which hasn’t been broken for couple of days. This might be a great sell signal, but remember that EUR/GBP is in heavy bull trend.
EUR/NZD
Today key support zone was broken with a great bearish momentum. After all, future direction on this pair might be indicated. For now, try to relax and wait for a retest of broken zone.
GBP/CHF
Similar to EUR/GBP, demand fights for a further relief on GBP/CHF. Todays trading had place right above local support zone and with another pinbar candle on a daily chart, we might consider going long on this pair.