Market News and Charts for June 4, 2018

Hey traders! Below are the latest forex chart updates for Monday’s sessions. Learn from the provided analysis and apply the recommended positions to your next move. Good day and Good Luck!

USD/SGD

The performance of the US Dollar with the Singaporean Dollar hasn’t indicated any signs for a potential recovery. A sell position would now be recommended.

AUD/JPY

Despite the bullish records, the Aussie Dollar’s trades against the Japanese Yen could face more declines in its coming trades. A sell would be the recommended position as well for the pair.

EUR/AUD

The trades of the Euro against eh Aussie Dollar indicated bearish movements in its recent performances. Also, it is expected to remain flat around the said region. With this indication, a sell would be much more advised.

GBP/NZD

The British Pound’s performance against the Kiwi Dollar continued to display bearish indications in its recent sessions. A sell would also be advised for the pair.