- Thursday, 28 June 2018
- Daily Technical Analysis
EUR/USD Daily Forecast - 29 June
Euro went back and forth in the course of the yesterday’s session with support around 1.1525 area and resistance above 1.16 handle, with pair in the end finishing the session in a neutral tone around 1.1550 level. As for tomorrow, we would pay attention to Eurozone CPI figures.
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- Thursday, 28 June 2018
- Daily Technical Analysis
GBP/USD Daily Forecast - 29 June
Sterling continued its decline in the course of the yesterday’s session going all the way to 1.3050 area where it found some amount of support and managed to rebound slightly to a daily closing around 1.3070 level. As for tomorrow, we would pay attention to UK Current Account figures.
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- Thursday, 28 June 2018
- Daily Technical Analysis
AUD/USD Daily Forecast - 29 June
AUD/USD is making a minor recovery and testing the hid point of the .73 handle from lows of 0.7329 as the downtrend deteriorates a touch away from the support of the descending channel and yesterday's lows (lowest levels since Jan 2017). Technicals lean bearish, and a complete unwind of the two-year year-long reflation trade is possible as China stumbles, which opens risk to the 0.72 handle and lower for a look in at 0.7140 double bottom lows on a weekly basis.
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- Wednesday, 27 June 2018
- Daily Technical Analysis
EUR/USD Daily Forecast - 28 June
The EURUSD is trading to new session lows and in the process is retesting the November 2017 swing low at 1.15526. That low was broken in May with a move to 1.1509. In June, the level was broken again with a swing low at 1.1507.
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