New Zealand and Australian Dollar trade broadly higher on the back on improving market sentiment. Asia indexes are tracking US stocks higher. On the other hand, Dollar continues to extend its near term correction, in particular against commodity currencies. Yen is also under some pressure. Meanwhile, European majors are mixed for now, waiting for UK […]
The post Kiwi and Aussie Jump on Improving Sentiment, Dollar Correction Continues appeared first on Action Forex.
Daily Pivots: (S1) 1.1373; (P) 1.1452; (R1) 1.1494; More…. Intraday bias in EUR/USD stays on the downside as fall from 1.2081 is in progress. Deeper decline should be seen to 38.2% retracement of 1.0176 to Read more…
Daily Pivots: (S1) 159.23; (P) 159.49; (R1) 160.00; More… USD/JPY is losing some momentum but further rise is in favor as long as 158.55 minor support holds. Rally 152.25 would target a retest on 161.94 Read more…
Daily Pivots: (S1) 1.3171; (P) 1.3271; (R1) 1.3323; More… Intraday bias in GBP/USD remains on the downside as fall from 1.3867 is in progress for 1.3008 structural support. Firm break there will carry larger bearish Read more…