USD/MXN is traded at 20.901 level at the time of writing. The pressure remains high as the pair is still located in the seller’s territory. The DXY’s sell-off forces the USD to depreciate versus its rivals. Still, the pair is located around a strong demand zone, that's why we can search for long …
EUR/JPY Upside Reversal!
The EUR/JPY pair rallied in the last hours and now it stands at 128.97 level. The Japanese Yen registered a strong sell-off as the Japanese Yen Futures plunged. Alos, technically, the currency pair escaped from a down channel signaling potential upside reversal. Fundamentally, the pair was …
EUR/CAD Fresh Sell-Off!
EUR/CAD drops like a rock at the time of writing. The price action signaled an overbought situation. Still, the Loonie needed strong support from the Canadian economy to be able to take the lead again. Earlier, the Canadian Employment Change was reported at 153.7K far above 36.5K expected, while …
