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Trade ideas thread - European session 30 May 2023

The dollar remains in a commanding spot and looks poised to stretch gains in the new week. USD/JPY continues to hold above 140.00 while EUR/USD is starting to contest levels below 1.0700 with room to roam towards 1.0500. Meanwhile, AUD/USD is threatening the 0.6500 mark and NZD/USD is eyeing a test of 0.6000 at the moment.Elsewhere, gold is also potentially breaking down as it contests its 100-day moving average at $1,936 with the 50.0 Fib retracement of the swing higher from March to May seen a... Read More

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Trade

Ideas

Thread

European

Session

2023

Forex

Posted: May 30 2023, 05:38

Author Name: forexlive

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