Forex Trading News & Analysis

Intraday technical levels and trading recommendations for NZD/USD for July 31, 2017

Daily OutlookThe NZD/USD pair has been trending up within the depicted bullish channel since January 2016.In November 2016, early signs of bullish weakness were expressed on the chart when the pair failed to record a new high above 0.7400.A bearish bre…

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Forex Trading News & Analysis

Intraday technical levels and trading recommendations for EUR/USD for July 31, 2017

Monthly OutlookIn January 2015, the EUR/USD pair moved below the major demand levels near 1.2100 (multiple previous bottoms set in July 2012 and June 2010). Hence, a long-term bearish target is projected toward 0.9450.In March 2015, EUR/USD bears chall…

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