Forex
Forex Free Trading Tips
EURJPY – Euro Approaching Major Support Vs Japanese Yen
Key Points
- The Euro after trading towards 130.60 against the Japanese Yen found sellers and started a correction.
- There is a major bullish trend line with support at 129.80 forming on the hourly chart of EURJPY.
- Today in the Euro Read More →
GBPUSD – British Pound Breaks Key Support Vs US Dollar
Key Points
- The British Pound after correcting higher faced resistance near 1.3090 against the US Dollar and moved down.
- There was a break below a crucial ascending channel pattern with support at 1.3030 on the hourly chart of GBPUSD.
- Today Read More →
USD: Modest Recovery Ahead On A Status-Quo Fed & A Rebound In Q2 US GDP – ING
ING FX Strategy Research expects the USD to re-gain some ground over the coming days on a combination of unchanged Fed policy on Wednesday and a strong US GDP reading for Q2 on Friday.
"We expect the market narrative Read More →
USD in consolidation ahead of FOMC communication later today; Gold pulling back
Sentiment was mostly positive during the Asian session earlier today, taking the positive handover from US equity close yesterday evening. In the US some better than expected reported quarterly results helped lift sentiment, while overnight improvements in the price of Read More →