Daily Pivots: (S1) 0.8367; (P) 0.8390; (R1) 0.8403; More… Intraday bias in EUR/GBP remains on the downside for the moment. Current down trend should target 61.8% projection of 0.8624 to 0.8399 from 0.8463 at 0.8324. On the upside, above 0.8409 minor resistance will turn intraday bias neutral and bring consolidations. But outlook will stay bearish […]
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The Japanese yen has surged higher on Friday after a strong inflation release. In the European session, USD/JPY is trading at 150.19, down 0.87% on the day. Earlier, the yen has broken below the symbolic Read more…
EURGBP gets rejected near SMAs; technical signals are negative There might be an opportunity for a rebound near 0.8300 Eurozone publishes CPI inflation data at 10:00 GMT EURGBP experienced another failure near its 20- and 50-day simple Read more…
USDCAD posts losses after 4½-year high RSI and stochastics confirm negative move USDCAD is moving lower after the bullish spike to the fresh four-and-a-half-year high of 1.4176, falling beneath the 1.4000 round number. The market Read more…