Forex Friday #1

in #investing • 6 years ago

This Friday there are three pairs that are promising to enter long!
Pair: CAD/NZD
Why: 7-day Simple Moving Average crossed 14-day MA and the pair is currently trading above SMA's stretching back 200 days. If the pair break 1.13 there is breakout potential.

Pair: JPY/GBP
Why: Brexit. Trading above long-term SMA's. BREXIT. Look for resistant around 0.006920. BREXIT

Pair: JPY/NZD
Why: Positive MA signals, new Japanese finance leadership.

#forex #money
6 years ago in #investing by
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