Market News and Charts for May 31, 2018
Hey traders! Below are the latest forex chart updates for Thursday’s sessions. Learn from the provided analysis and apply the recommended positions to your next move. Good day and Good Luck!
The performance of the US Dollar with the Russian Ruble can be considered flat at the time being. Despite this, the chances of it trending bullishly are high. A buy would now be advised.
Contrary to the abovementioned pair, the trades of the Aussie Dollar against the Swiss Franc is yet to break out of its current movement. However, it is more likely to decline if it is to remain on this trend. A sell would be recommended for now.
The trades of the Euro with the Turkish Lira struggled to maintain a strong bullish record in its recent performance. A sell position would be advised.
Similarly, the Euro’s performance against the New Zealand Dollar displayed long bearish indications in its recent trades. With this, a sell would be the position recommended for the pair.
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