EUR/ZAR Exchange rate
Editors’ Picks
AUD/USD: Bulls lack upside conviction at daily resistance
AUD/USD meets critical resistance at a confluence of structure and a 38.2% Fibo. AUD/USD is lacking momentum on the upside which makes for a compelling case for the downside at this juncture. Bears eye a downside opportunity at this juncture.
EUR/USD hovers around 1.1900, a 100 pips run in the cards
EUR/USD managed to post a modest intraday advance on a dull Monday, retaining its positive stance.
Gold: Bears ready to pounce following key break of support
XAU/USD bears are lurking at a critical level of resistance. Gold is correcting from a significant area of support as pressures mount in general and the focus can be on an optimal shorting point as price meets a significant area of confluence.
Binance Coin price rally gaining energy, could be set for a blow-off move
Binance Coin price increase in 2021 reflects the rise of BNB from a simple utility token to something much more complex and useful for traders. The token’s momentum is slightly extended on an absolute basis, but relative to the February highs, there is still more upside potential.
Equity rally at risk ahead of CPI & earnings
After a good week, equities are looking a little more hesitant today, with caution prevailing as markets await the start of US earnings season.