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Monthly archive April, 2017

GBPJPY – British Pound Remains Bullish Vs Japanese Yen

Key Points

  • The British Pound upside surge found resistance near 140.35 against the Japanese Yen.
  • There is a crucial contracting triangle pattern formed with support at 139.75 on the hourly chart of GBPJPY.
  • Earlier today in Japan, the Tertiary Industry Read More →

EURAUD – Euro Just Turned Bearish Vs Aussie Dollar

Key Points

  • The Euro after trading as high as 1.4335 found resistance against the Aussie dollar and moved down.
  • There is a major bearish trend line with resistance at 1.4240 on the hourly chart of EURAUD, acting as a hurdle Read More →

Euro remains bid as French elections looms

The euro stood near a three-week high against the US dollar on Thursday as forex traders dismissed broad bets against the single currency ahead of the first round of the French presidential elections on Sunday.

The dollar shook off Read More →