Key Highlights GBP/USD declined sharply below the 1.2250 support. It traded below a major bullish trend line at 1.2370 on the 4-hours chart. EUR/USD extended its decline below the 1.0800 support. Gold price might decline further towards the $1,850 support. GBP/USD Technical Analysis The British Pound made a few attempts to clear the 1.2450 resistance […]
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EUR/USD’s fall from 1.2081 resumed by breaking through 1.1506 last week. Initial bias stays on the downside this week for 38.2% retracement of 1.0176 to 1.2081 at 1.1353 next. Firm break there will target 61.8% Read more…
USD/JPY’s up trend from 139.87 resumed by breaking through 159.44 last week. Initial bias remains on the upside this week for retesting 161.94 high first. Firm break there will confirm larger up trend resumption and Read more…