EURUSD – Euro Dips Remain Supported Vs US Dollar

Key Points

The Euro made a nice upside move and traded towards 1.1840 against the US Dollar.
There are two bullish trend lines with supports at 1.1770 and 1.1730 forming on the hourly chart of EURUSD.
Today in the Euro Read More →

7 years ago admin

U.S. Pending Home Sales Rebound More Than Expected In June

Credit Agricole CIB FX Strategy Research expects the CHF to remain under pressure especially against the EUR in the near-term.

"We expect the SNB to do its utmost to keep monetary policy expectations strongly capped.

Given the ECB’s Read More →

7 years ago admin

Key Points

The Euro remained elevated above the 1.4700 support area against the Aussie Dollar.
There is a monster bearish trend line positioned at 1.4755 on the hourly chart of EURAUD.
Today in Australia, the HIA New Home Sales figure Read More →

7 years ago admin

Key Points

The British Pound after trading towards 146.60 found sellers and moved down against the Japanese Yen.
There was a break below a crucial bullish trend line at 145.85 on the hourly chart of GBPJPY.
Today in the UK, Read More →

7 years ago admin