EUR/USD is again moving lower below the 1.0615 support. USD/JPY surged and broke the 151.00 resistance zone. Important Takeaways for EUR/USD and USD/JPY Analysis Today The Euro started a fresh decline below the 1.0675 support zone. There was a break below a key bullish trend line with support at 1.0570 on the hourly chart of […]
The post EUR/USD Resumes Drop, USD/JPY Extends Surge appeared first on Action Forex.
Daily Pivots: (S1) 155.64; (P) 156.78; (R1) 157.61; More… USD/JPY is staying in consolidation below 157.91 temporary top and intraday bias stays neutral. Deeper pull back cannot be ruled out, but outlook will stay bullish Read more…
Daily Pivots: (S1) 0.8898; (P) 0.8946; (R1) 0.8979; More… USD/CHF bounces after drawing support from 55 4H EMA, but stays below 0.9020 temporary top. Intraday bias remains neutral at this point. While deeper pull back Read more…
Dollar edged higher in subdued holiday trading, maintaining its recent strength but staying within a narrow range below last week’s highs against major currencies. Markets largely brushed aside the disappointing US durable goods orders data, Read more…