EURUSD: Final intraday slide before bounce towards 1.1720 area
|EUR/USD Current level - 1.1557
Allow an intraday dip to 1.1510-30 area, followed by a renewal of the senior uptrend, towards 1.1720 area.
|
|
||||||||||||||||
USD/JPY Current level - 112.21
My outlook is bullish, for a break through 112.50, en route to 113.50 zone.
|
|
||||||||||||||||
GBP/USD Current level - 1.3174
Yesterday's peak at 1.3235 has finalized the upmove since 1.3080 low and the intraday bias is bearish, for a slide towards 1.3070. The pullback after 1.3235 should be the final leg of the consolidation pattern and is expected to precede a rise towards 1.3440.
|
|
||||||||||||||||
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.