
Ichimoku Kinko Hyo EUR/JPY: The EUR/JPY pair is now testing the lower level of the cloud…
Don’t waste your time – keep track of how NFP affects the US dollar!
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While the Brexit talks are going at minimum speed and the time is running away, EUR/GBP offers interesting layout to trade.
On the H4 chart below, you will see that since the middle of September, the pair has been slowly descending from the heights above 0.92 to the current area above 0.91. At the moment, it is challenging the downtrend’s upper border at 0.9110. If bulls succeed to break it, the resistance of 0.9150 will be the next target. However, only reaching 0.92 would mean that the downward channel is broken.
The alternative scenario is the downward bounce. In this case, EUR/GBP will go down all the way from 0.9110 to at least 0.9040. In fact, 0.90 would be a more likely center of gravity for bears.
Ichimoku Kinko Hyo EUR/JPY: The EUR/JPY pair is now testing the lower level of the cloud…
Ichimoku Kinko Hyo CHF/JPY: The CHF/JPY pair is now testing the upper level of the cloud…
Ichimoku Kinko Hyo GBP/JPY: The GBP/JPY pair is now trading within the cloud…
Great Britain released retail sales data on May 20, 9:00 GMT+3. The reading outperformed expectations greatly (+1.4% actual vs. -0.3% forecast).
The stock market has reversed, and now it’s going lower and lower…
Walmart is one of the biggest retail corporations in the US, with $244 billion in total assets. Does it worth buying amid rising prices and supply concerns that shatter the world economy?
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