Euro Attempts To Breakout Higher, Capped By 1.1347 The euro currency made some gains on Monday as price action tried to break out from the triangle pattern. Prices briefly tested highs near 1.1347 before pulling back toward the close of the European session. The overall trend in EURUSD remains flat
NZD/USD stretches pullback moves from 0.6481 to revisit Tuesday’s lows. Downbeat New Zealand GDP joins weaker than expected Aussie employment data and PBOC rate cut to weigh on the quote. A falling trend line from June 11 guards immediate upside. NZD/USD drops to 0.6430, following the slump to the
In this technical blog, we are going to take a look at the past performance of GBPAUD, 1-Hour Elliot wave Charts that we presented to our members. But before looking into the Charts, we need to understand the market nature first. The market always fights between the two sides i.e Buying or Selling.
The Indonesia stock market has climbed higher in five straight sessions, advancing more than 200 points or 4.3 percent along the way. The Jakarta Composite Index now sits just above the 4,715-point plateau although investors may cash in on Friday. The global forecast for the Asian markets is soft on