EURUSD broke key resistance level 1.0260 Likely to rise to resistance level 1.0370 EURUSD just broke the pivotal resistance level 1.0260 (which has been repeatedly reversing the pair from the middle of July). The breakout of the resistance level 1.0260 coincided with the breakout of the multi-month resistance trendline from February and the 50% Fibonacci […]
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Daily Pivots: (S1) 0.6447; (P) 0.6495; (R1) 0.6525; More… AUD/USD retreated once again after edging higher to 0.6551. Intraday bias is turned neutral. On the downside, break of 0.6455 support will turn bias back to Read more…
The USD/JPY pair stabilised at 145.11 following three consecutive days of gains. The Japanese yen had previously faced downward pressure due to a combination of factors, including weak macroeconomic data. Japan’s exports declined for the Read more…
The British pound has stabilized on Wednesday. In the European session, GBP/USD is trading at 1.3551, up 0.28% on the day. The US dollar showed broad strength on Tuesday and GBP/USD declined 1.05% and fell Read more…