PAIRS TO LOOKOUT FOR THIS WEEK

PAIRS TO LOOKOUT FOR THIS WEEK/MONTH!!!!

The NZD/USD pair represents the value of the New Zealand Dollar in comparison to the US Dollar, showing how many US dollars are needed to purchase one NZD. According to the Bank of International Settlements, the US Dollar is the most traded currency in the world, while the New Zealand Dollar is still in the top ten (2016). With the map, you can get real-time updates on the NZD/USD rate and develop your fundamental and technical research.

Looking at the pair, it has formed a Head and shoulder pattern which might be heading to the downside as soon it approaches the resistance level.

SUPPORT: 0.56013

RESISTANCE: 0.73700

Looking at the monthly time frame ,this pair looks like it has a high probability swing opportunity.

Therefore look for selling opportunities!!!

The AUD/USD (Australian Dollar - US Dollar) currency pair is one of the most commonly traded in the world. The AUD/USD rate, as displayed in the live price map, informs traders how many US Dollars are required to purchase one Australian Dollar.

Looking at the pair, it has formed a Head and shoulder pattern which might be heading to the downside as soon it approaches the resistance level.

SUPPORT: 0.79746

RESISTANCE: 0.56693

Looking at the monthly time frame of the pair ,it is formed a double top making this another confirmation that it will be moving towards the downside.

Therefore look for selling opportunities!!

The Pound/Swiss Franc cross has a lower volatility due to the economic and geographical proximity of the two currencies. Because of its history as a sanctuary for wealthy individuals seeking to protect their assets, the Swiss Franc is regarded as a benchmark safe haven currency. As a result, the British Pound is one of the world's most powerful reserve currencies, serving the world's largest financial market.

Looking at the pair, it is in an upward trend and it is moving towards price level of 1.31995 which to for a reversal pattern of a double top.

SUPPORT: 1.22821

RESISTANCE: 1.31995

Therefore look for selling opportunities!!!!

WikiFX is a third party service provider for clients to inquire whether a Forex broker is formal, legal and real. WikiFX provides all round service including enquiry of Forex brokers information, regulation, license, risk exposure, credit and evaluation, platform verification and monitoring, complaints solving and investor rights protection, credit report download and related platform enquiry.

Wow!! Isnt this awesome？ You can get all you want here. Besides WikiFX offers comprehensive evaluation of every broker with front technology and authorized data on the basis of the value of license, regulation level, software quality, risk-control ability and business strength.