EUR/GBP Technical Analysis: Euro Down Trend About to Resume?
The Euro has broken support guiding the upswing from September lows, hinting that the down trend started in late August against the British Pound may be resuming.
The Euro has broken support guiding the upswing from September lows, hinting that the down trend started in late August against the British Pound may be resuming.
The AUD/USD price pattern appears incomplete to the topside. We are anticipating support to emerge on a move to .82.
Few would think with major stock indices at or near all-time highs that JPY would show stubborn strength, but there’s a reason why that you should now.
USD/CHF tested above a pivotal level of resistance earlier in the month, but was unable to hold above. With this price now showing as resistance, USD bears may have room to work against the Swiss Franc.
The footsie closed at a record best last week but is struggling to break on through the intra-day record highs; support not far below.
The ASX 200 has at least broken out of jail. The end of last week’s trade saw the snapping of a narrow trading band which had been in place since May.