EURUSD holds in sideways move SMAs create bearish crossovers MACD continues to head south EURUSD tested the previous low of 1.0665 on Wednesday, holding within a narrow range of 1.0665-1.0720. The 20- and 50-day simple moving averages (SMAs) posted a bearish crossover a few days after the death cross between the 20- and the 200-day […]
The post EURUSD Rises Slightly Up After Battle With 8-Week Low appeared first on Action Forex.
Markets The PMI’s on Friday again highlighted the divergence in growth and confidence between the US and EMU. The glimmers of hope some optimists saw in the October EMU PMI reading where brutally rejected by Read more…
Daily Pivots: (S1) 192.90; (P) 193.85; (R1) 194.86; More… Intraday bias in GBP/JPY remains on the downside for the moment. Current development suggests that corrective rise from 180.00 has completed with three waves up to Read more…
Daily Pivots: (S1) 159.94; (P) 161.21; (R1) 162.53; More…. Intraday bias in EUR/JPY remains on the downside for the moment. Current development suggests that corrective rebound from 154.40 has completed with three waves up to Read more…