In focus today In the euro area, September flash inflation prints for Germany, France, and Italy will be released. The data will give hints to where the data for the whole euro area will land on Friday. In the US, August PCE inflation will be released in the afternoon. Headline inflation likely rose from July […]
The post Focus Today on Inflation Prints From Europe and the US appeared first on ActionForex.
Immediate focus is now on 0.8551 support in EUR/GBP with today’s decline. Firm break there will indicate that corrective rebound from 0.8453 has completed at 0.8611. Deeper fall should then be seen to retest this Read more…
EUR/AUD’s break of 1.6258 support confirms short term bottom at 1.6072. Intraday bias is back on the upside for 1.6444 resistance first. Firm break there will target 1.6617 key structural resistance next. On the downside, Read more…
EUR/CHF is still bounded in range below 0.9478 and intraday bias stays neutral. In case of another fall, downside should be contained by 38.2% retracement of 0.9094 to 0.9478 at 0.9331 to bring rebound. On Read more…