Today I tried the NZDUSD pair, yesterday this pair dropped and it is expected to rise again along with positive global sentiment supporting commodity currencies such as the NZD.
I see a reversal pattern on the daily timeframe, today there is no high impact news to the Pound Sterling and the US dollar, the movement is expected to tend according to technicals
The Canadian dollar appears to be weakening on the daily timeframe, trending bullish since August 8, with the BB line trending upward. This is in line with weakening crude oil prices.
USDJPY appears to be moving within a range, currently near the middle band. A pending order is placed near the lower band with a stop-loss below it. The order may be canceled if it isn't liquidated today.
USDJPY moved lower near the 146,500 support level, bouncing around this area. Today, we await the US PCE Index data, which could potentially impact the market.
The USD strengthened as contractionary PMI data supported its strength. Technically, the USD/JPY is in a range on the daily timeframe. Today, we're waiting for JOLTS job openings data.
Today, we await US NFP data, the impact of which could lead to high volatility. Silver is currently trading flat on the hourly timeframe, with volatility trending lower.
EURUSD crossed the middle band from the lower side, indicating a bullish trend. Today, Europe and the US will release important news that could increase volatility.
