Category Archives: Technical Analisys

GBP/JPY carving out a bottom?

This morning saw European equity indices fall sharply with the DAX hitting a new multi-month low, before bouncing back noticeably. Risk assets were once again hit amid rising trade tensions. This followed reports that China is asking the Wold Trade Organisation (WTO) to authorise trade sanctions on…

Technical Update For EUR/USD, GBP/USD, USD/JPY & USD/CHF: 11.09.2018

With the failure to provide clear break above immediate TL resistance of 1.1635, not to mention about 1.1650-55 horizontal-region, the EURUSD is likely to witness pullback towards 1.1560 before revisiting the 1.1530-25 support-zone for one more time. In case sellers refrain to respect the 1.1525…

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