The Euro started an upside correction from the 0.9870 level against the US Dollar. The EUR/USD pair was able to clear the 0.9920 and 0.9950 resistance levels. There was close above the 1.0000 level and the 50 hourly simple moving average. The pair is now showing positive signs and traded as high as 1.0084. An […]
The post EUR/USD is Showing Positive Signs above $ 1.0084 appeared first on Action Forex.
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USD/CAD rises above downtrend line, key SMAs. But strong resistance and bearish SMA crossover limit upside. Momentum signals stay soft despite holding in bullish territory. USD/CAD is retesting the ceiling of a multi‑week consolidation that Read more…
GBP/USD rose during the previous session and is now correcting to 1.3403. The pound responded positively to the Bank of England’s decision to keep interest rates unchanged, with market attention focused on the regulator’s guidance Read more…