The EUR/JPY pair was into a temporary corrective phase but now it has reached a support zone. The bias remains bullish despite its temporary decline. Actually, a minor retreta was natural after the most recent leg higher. The Euro is still strong as the Euro-zone data came in mixed earlier. The …
Silver Upside Needs Confirmation!
Silver registered a strong growth lately, so right now is into a small correction. A temporary decline was somehow expected after jumping above strong upside obstacles. The commodity is trading in the red at 24.108 at the moment of writing far below 24.486 today’s high also because the United States …
AUD/USD More Gains In View!
AUD/USD is bullish so further growth is somehow expected as long as the Dollar Index stands in the seller’s territory. The greenback has taken a hit from the US economic data yesterday, so USD is still bearish despite temporary rebounds. It’s traded at 0.7489 level at the moment of writing, below …