Daily Pivots: (S1) 0.9886; (P) 0.9932; (R1) 1.0013; More… EUR/USD’s rebound from 0.9534 resumed by breaking through 0.9988 resistance. The development also came with strong break of the medium term falling channel resistance, as well ass 55 day EMA. A medium term bottom could be in place already, on bullish convergence condition in daily MACD. […]
The post EUR/USD Mid-Day Outlook appeared first on Action Forex.
Key Highlights GBP/USD started a fresh increase from the 1.3450 support zone. A rising channel is forming with resistance at 1.3660 on the 4-hour chart. EUR/USD could regain traction if it clears the 1.1750 resistance. Read more…
New Zealand’s labor market showed tentative signs of stabilization in the first quarter, with the unemployment rate unexpectedly falling from 5.4% to 5.3%, below expectations for no change. Employment rose 0.2% qoq, slightly under the Read more…
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Why we love this deal With spring in full bloom, and Read more…