Powell sent the USD much higher yesterday and hinted for a potential 50bp increase on next meetings as inflation is still the main issue while the economy is doing well. However, today Powell has another testemony at 15.00GMT when again we may see an important volatiliy. Before that ECB legarde is scheduleted to speak at […]
The post EUR/USD: More Weakness After Intraday Rally? appeared first on Action Forex.
Daily Pivots: (S1) 188.59; (P) 188.92; (R1) 189.33; More… Range trading continues in GBP/JPY and intraday bias stays neutral. Risk will remain on the downside as long as 190.06 resistance holds. Below 184.35 will target Read more…
Daily Pivots: (S1) 161.70; (P) 161.95; (R1) 162.21; More… Range trading continues in EUR/JPY and intraday bias stays neutral for the moment. On the upside, above 164.16 will resume the rally from 154.77 to 164.89 Read more…
Daily Pivots: (S1) 0.8558; (P) 0.8570; (R1) 0.8583; More… Intraday bias in EUR/GBP stays neutral as consolidation from 0.8737 is still extending. Further rise is expected as long as 0.8518 support holds. On the upside, Read more…