EUR/USD In the early hours of today’s trading session, the euro gained strength against the dollar and bounced back from the resistance level at 1.0490. The expectations for today’s trading session are for the bears to attack the support zone at around 1.0400. In the opposite direction, only a confirmed breach of the psychological level […]
The post Daily Technical Analysis appeared first on Action Forex.
In an interview with the Financial Times, ECB President Christine Lagarde expressed optimism about nearing the inflation target. She remarked that ECB is “very close” to declaring that inflation has been “sustainably” brought back to Read more…
Key Highlights EUR/USD started a recovery wave from the 1.0350 zone. A key bearish trend line is forming with resistance near 1.0450 on the 4-hour chart. GBP/USD is facing hurdles near the 1.2650 and 1.2720 Read more…
EURCHF falling inside minor impulse wave 5 Likely to fall to support level 0.9250 EURCHF currency pair continues to fall inside the minor impulse wave 5, which started earlier from the pivotal resistance level 0.9430 Read more…