Rayen_ak3

Rayen_ak3

From a technical perspective, EURNZD is showing weakness and a break bellow the rising wedge which is a bearish indication, gave us a great opportunity to capitalize on. Expected target: 1.5950 From a fundamental perspective, the EURO is showing weakness as fears for a near recession in the euro zone are increasing.

Rayen_ak3

From a technical perspective, EURUSD was showing weakness after breaking a rising channel which is a bearish continuation pattern, price retested the mentioned channel with a bearish flag which gave us a clear sell entry. Some profits were secured, however if prices managed to break bellow 1.0100 zone we may see more decline in prices targeting 1.0040. From a...