EURGBP SELL
The pair has reached another maximum and looks overbought. Correction in EURGBP can be expected amid GBP recovery. Open a SELL order from 0,86000 level.
Stop/Loss: 0,86460.
Take/Profit: 0,85270 – 0,84750.
The pair has reached another maximum and looks overbought. Correction in EURGBP can be expected amid GBP recovery. Open a SELL order from 0,86000 level.
Stop/Loss: 0,86460.
Take/Profit: 0,85270 – 0,84750.
USDJPY
The pair is consolidating and forming a triangle pattern amid the release of the US retail sales data. If the numbers are higher than expected it will push the pair up. If the numbers are lower than expected the pair will fall to the lower range of the triange, …
In recent days the pair has reached yet another maximum, despite the interest rate decrease by the Bank of Australia. It can be assumed that a correction will take place prior to the Reserve bank of Australia's head speech, which we can indirectly confirm looking at the three peakes on …
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