EUR/JPY edges higher signaling that the temporary decline is over. It has retested the weekly pivot point (128.59) and now it seems determined to develop an important growth. The Japanese Yen could lose significant ground versus its rivals if the Japanese stock index (Nikkei) continues to …
GBP/NZD Looks To Trade Higher!
GBP/NZD moves somehow sideways in the short term. It’s located at 1.9975 level and is fighting hard to stabilize within the buyers territory. Technically, it’s located above strong support levels, so an upside movement is favored. The Pound is still bullish even if the UK Gfk Consumer Confidence …
EUR/GBP Looks To Trade Higher!
EUR/GBP rallied today and it seems determined to resume its upwards movement. The pair developed a minor down channel which could be considered as a continuation pattern. Making a valid breakout from this formation could really announce an upside continuation. The price is bullish also after the …
