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

EUR/USD

After several days of losses, EUR/USD finally finds some support, and sends us a buy signal. If todays candle stays in shape of pinbar, it will definitely mean that bulls are decided to send EUR/USD higher. Strong reaction of demand appeared under 1,1000 level (green area). We’ll see if current tendency will last tommorow, but this chart is very promising.

134

Check how narrow spreads can be

AUD/NZD

Completly different situation occurs on AUD/NZD where daily candle is begining to form a bearish pinbar. Whole todays session took place right below local resistance zone near previous high. Longterm trend is trading rather sideways but momentum is pretty bullish right now. Be careful opening shorts here.

229

Error, group does not exist! Check your syntax! (ID: 3)

RELATED ARTICLESMORE FROM AUTHOR