Dollar is recovering some ground today but stays below yesterday’s high in general, consolidations continue. Overall trading in subdued with major pairs and crosses suck inside yesterday’s range. Kiwi and Aussie are on the softer side while the greenback and Yen are firmer. European majors are also weak but there is no follow through selling. […]
The post Dollar Higher in Consolidations, Subdued Pre-Jackson Hole Trading appeared first on Action Forex.
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Daily Pivots: (S1) 1.6095; (P) 1.6208; (R1) 1.6286; More… Intraday bias in EUR/AUD remains on the downside as down trend continues for 161.8% projection of 1.8554 to 1.7245 from 1.8160 at 1.6042. Firm break there Read more…
Daily Pivots: (S1) 0.8611; (P) 0.8635; (R1) 0.8649; More… EUR/GBP’s fall from 0.8788 is still in progress and intraday bias stays on the downside. Firm break of 0.8611 will resume the whole decline from 0.8863, Read more…