Thursday 28th May: Technical Outlook and Review

Key risk events today: New Zealand ANZ Business Confidence; Australia Private Capital Expenditure q/q; US Prelim GDP q/q; US Core Durable Goods Orders m/m; US Durable Goods Orders m/m; US Unemployment Claims; US Pending Home Sales m/m. 

Trade of the Day: EUR/CHF

By: Dima Chernovolov EUR/CHF continues to rise inside the 4-hour Rising Wedge chart pattern which was previously identified by Autochartist. 

Trade of the Day: NZD/JPY

By: Dima Chernovolov NZD/JPY continues to rise after the earlier breakout of the daily Triangle chart pattern which was previously identified by Autochartist. 

Trade of the Day: USD/CHF

By: Dima Chernovolov USD/CHF continues to rise inside the daily Triangle chart pattern which was previously identified by Autochartist.