EURUSD: Bearish, for slide towards 1.1300
|EUR/USD Current level - 1.1465
No change here, as the pair continues to struggle above 1.1430 support and I favor a break through the latter to initiate a slide towards 1.1300.
|
|
||||||||||||||||
USD/JPY Current level - 112.57
Yesterday's slide bottomed precisely at 111.90 support and current rebound should be considered corrective, preceding another dip, to 111.60 zone.
|
|
||||||||||||||||
GBP/USD Current level - 1.2978
The downtrend is still underway and the outlook is bearish, for a dip to 1.2870 zone. Crucial on the upside is 1.3100 hurdle.
|
|
||||||||||||||||
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.