EURUSD is moving with weak momentum over the last couple of sessions, holding within the short-term simple moving averages (SMAs) and the Ichimoku cloud. The technical indicators are mirroring the latest movements as the MACD is moving sideways around the zero level and the RSI is touching its neutral threshold of 50. If the market […]
The post EURUSD Heads Up Within Ichimoku Cloud appeared first on Action Forex.
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European currencies are showing subdued dynamics, entering a consolidation phase following their previous advance. Earlier, EUR/USD and GBP/USD broke out of their ranges and strengthened; however, the subsequent correction has led both pairs to retest Read more…
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