The Japanese yen begins this week on a general back foot while the dollar remains stable against its counterpart currencies. We look forward to a week full of policy decisions focusing on inflation. Prominent among them are the release of the U.S. consumer price data and the meeting of the European …
Forex Strategies
EURUSD Bulls Activity Influenced by Selling Pressure
EURUSD Analysis - Bulls Activity Is Influenced by Selling Pressure EURUSD bulls activity is influenced by selling pressure as buyers set the price to 1.06340, the key level. The buying activity of EURUSD bulls is being affected by selling. There is pressure as buyers set the price to the crucial …
EURCHF Is Accumulating Strength at the 1.02470 Key Level
EURCHF Analysis - The Price Is Accumulating Strength at the 1.02470 Key Level EURCHF is accumulating strength at the 1.02470 significant level as it bids to continue its upward drill for higher price levels. The market had leapt up from a slightly lower key level at 1.02000 to reach 1.04950, which …
