Daily studies are becoming bearish along with the break below 1.5660 support zone and more downside action could be seen towards next bearish objective into the 1.5570/80 region then 1.5380-1.5400, lower. The 50% retracement of the entire 1.5302-1.5908 recent move is noticed at 1.5605 and it may provide some interim...
The Euro also rose against the Yen as the pair managed to settle above the 167.08 key support level which now offers strong demand for the pair, the pair is now targeting the 168.01 then the 168.98 levels, supported by strong upside momentum over the short term however over intraday...
In GBP/AUD was a long term bearish trend established in the middle of March. These down moves held until the break of the upper trend line in the middle of June. After this break the market slows down and started a side movement. In these days the market touched a...
