EUR/USD is recovering losses from 1.1540. USD/JPY is correcting gains from 153.20 and might decline further below 151.00. Important Takeaways for EUR/USD and USD/JPY Analysis Today The Euro struggled to stay in a positive zone and declined below 1.1650 before finding support. There was a break above a connecting bearish trend line with resistance at […]
The post EUR/USD Attempts Recovery While USD/JPY Corrects Gains 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…
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