The EURUSD pair is starting Monday’s trading session near 1.1468. This week, global financial markets will closely monitor two pivotal drivers: the prospects of a US-Iran nuclear deal and the upcoming Federal Reserve meeting. Any signs of progress in the negotiations could strip the geopolitical premium out of oil prices, subsequently weakening safe-haven demand for […]
The post EUR/USD Ahead of the New Week: Expecting High Volatility appeared first on ActionForex.
Intraday bias in EUR/USD remains on the downside at this point. Sustained break of 1.1353 fibonacci level will carry larger bearish implication. Next near term is 100% projection of 1.2081 to 1.1408 from 1.1848 at Read more…
Intraday bias in USD/JPY remains neutral for the moment. On the downside, firm break of 160.58 support should confirm short term topping, on bearish divergence condition in 4H MACD. Deeper fall should then be seen Read more…
Intraday bias in GBP/USD remains on the downside for the moment. Sustained trading below 1.3158 support will resume whole fall from 1.3867 to 100% projection of 1.3867 to 1.3158 from 1.3657 at 1.2948. On the Read more…