Currently we are 1.4514 in a range. We are looking for a continuation to the 1.270 Fibo at 1.4382 IF we can break the hard bottom. The average daily true range (ATR) for the pair currently is 128 pips.
Forex technical analysis: GBPJPY tests 100 hour MANo closes above the MA since July 27thThe GBPJPY is testing the 100 hour MA at the 133.884 level. The pair tested the MA last week but could not muster a closing bar above the MA line. Today, the line is lower making the hurd…Read More
EUR/USD: Euro Listless At 1.11,German Trade Surplus FallsAfter sharp losses late last week, the euro has looked listless in the past two sessions. On Tuesday, EUR/USD is trading at 1.1070. In economic news, there are major events on the schedule. Germany’s trade surplus n…Read More
GBP/USD - Bearish Pennant BreakGBP/USD Daily ChartGBP/USD DailyThe interest rate cut and upping the Bank of England's QE program was enough of a factor to make the rate break down the consolidation period after the massive Brexit drop.The ra…Read More
Strong US data pressures Australian dolllarThe Australian dollar has pulled back today after a solid round of data out of the US raised expectations of an interest rate hike next month.At 7.50am (GMT) th3e Aussie dollar was trading at US76.06c down from US76…Read More
12:05
0 commentaires:
Enregistrer un commentaire