Forex
Forex Free Trading Tips
Monthly archive May, 2017
EURUSD – Euro Just Turned Bearish Vs US Dollar
Key Points
- The Euro moved down recently, and broke a major support area at 1.1165 against the US Dollar.
- There is a crucial bearish trend line with resistance at 1.1160-70 formed on the hourly chart of EURUSD.
- Recently in the Read More →
USD steadies as markets return after US and UK holidays
Monday has been a relatively unremarkable day on the markets with the US and the UK both closed for holidays. Markets struggled to find direction and volatility was present.
Overnight data from Australia showed that Building approvals managed to Read More →
GBPJPY – British Pound Looks to Bounce Back Vs Japanese Yen
Key Points
- The British Pound after a sharp decline found support near 141.80 against the Japanese Yen.
- The GBPJPY pair broke a major bearish trend line with resistance at 142.50 on the hourly chart.
- Recently in Japan, the Retail Trade Read More →
