Trading Forecasts and Ideas for 05/28/2026

Trading Forecasts and Ideas for 28.05.2026

Hello. Below will be several recommendations for trading on the Forex market for 28.05.2026

NZDUSD

The market really does not want to move, but the NZDUSD pair showed quite excellent growth and formed an Engulfing pattern. It is definitely not worth entering trades on the pattern, at least because of its size and risks. And in general, we went through last week's high, while interesting lows at 0,58135 remained below, and I would like to see a run below them. Therefore, I consider this movement as the final stage of the upward correction and a sweep of sellers from the sideways range of the last seven days. I will look here for intraday sales, with targets at 0,58135 and lower.  

Respectfully, Artem aka TeaDrinker