Chart Analysis:
Adewale's views on the Charts (this is not advice or a recommendation, it is educational and general information only, all charts are depicted as daily time frame unless stated underwise.)
EUR/USD attempt to filled the gap created on Monday but met with bullish pressure and thereby pullback.Although no obvious buying setup but this pullback can start the bullish run into the next key resistance level around 1.3416.
GBP/USD exprienced low volume trading day today.The pair tried to muster bullish run but failed to sustain any significant bullish push, thereby pair some losses into New York close.We sit on our hand until we can see an obvious buying setup at the support zone in 1.5753 area.
NZD/USD moved agressively today after yesterday bearish gap filled.Yesterday bearish gap filled serves as retracement to value/support zone of 0.8162.The next key resistance zone can be seen at 0.8354.
EUR/AUD tried to muster bullish run today but failed to sustain it after succeeded in breaking the high of yesterday pinbar .Today bearish rejection pinbar also formed within the slope of 8 day EMAS which also add confluence to the setup.The next support zone can be seen around 1.3932
Adewale's views on the Charts (this is not advice or a recommendation, it is educational and general information only, all charts are depicted as daily time frame unless stated underwise.)
EUR/USD attempt to filled the gap created on Monday but met with bullish pressure and thereby pullback.Although no obvious buying setup but this pullback can start the bullish run into the next key resistance level around 1.3416.
GBP/USD exprienced low volume trading day today.The pair tried to muster bullish run but failed to sustain any significant bullish push, thereby pair some losses into New York close.We sit on our hand until we can see an obvious buying setup at the support zone in 1.5753 area.
NZD/USD moved agressively today after yesterday bearish gap filled.Yesterday bearish gap filled serves as retracement to value/support zone of 0.8162.The next key resistance zone can be seen at 0.8354.
EUR/AUD tried to muster bullish run today but failed to sustain it after succeeded in breaking the high of yesterday pinbar .Today bearish rejection pinbar also formed within the slope of 8 day EMAS which also add confluence to the setup.The next support zone can be seen around 1.3932
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