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Market News and Charts for May 30, 2018

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

USD/SGD

Despite the bullish movements, the performance of the US Dollar against the Singaporean Dollar is expected to decline further. A sell position would be now advised.

AUD/USD

The trades of the Aussie Dollar against the Greenback remained bearish in its recent sessions. A sell would still be recommended for the pair.

EUR/USD

The Euro’s trades against the US Dollar also remained bearish during its recent performances. A sell position would also now be recommended.

GBP/NZD

The performance of the British Pound against the New Zealand Dollar also noted a similar performance as the ones above. With the apparent bearish indication, a sell would be advised.

Categories: Charts & Analysis