
What will be the prevailing mood in 2019 and which assets will gain the most on the basis of it?
What will be the prevailing mood in 2019 and which assets will gain the most on the basis of it?
On the daily chart of NZD/USD, bears managed to pull the pair down due to the "Three Indians" pattern's implementation.
NZD/USD is testing support of the short-term range between 0.6790 and 0.6760.
NZD/CHF closed below 200-day MA at 0.6735 thus confirming a top.
The economic calendar is full of events: FOMC Statement, British and Canadian CPI, New Zealand GDP…
Trade ideas on December 17-21
On the daily chart of NZD/USD, the "Three Indians" pattern is implemented.
The market sentiment is down, Theresa May can't renegotiate the Brexit deal, Italy and the EU can't agree on a lower deficit.
The market sentiment improved based on an ease of the trade war tensions between China and the US.
Watch and find out the key levels for EUR/USD, GBP/USD and NZD/USD for today!
On the daily chart of NZD/USD, bears managed to take control over the situation and pull the pair towards the lower border of the upward channel due to the "Three Indians" pattern.
NZD/CAD approached the resistance line connecting 2017 and 2018 highs (0.9280) and 78.6% Fibo level (0.9260).
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