EURJPY- CPI data likely to decide the trend. Support remains at 135.00

  Today at Asia-pacific session, the Japanese July industrial output hits the wires. Japan July industrial output initial value of -0.6% MoM expected 0.1%, the previous value of 1.1%. Japan July industrial output up 0.2% […]

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EURUSD-approaching support zone, resistance remains at 1.1300

The pair pauses the 2 weeks upstream, rejected at 50Wsma and made a double top at 50Wsma. The pair closed above 20Wsma consecutive 3 weeks. The Chinese slowdown boosted the euro and the steam left […]

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GBPUSD-ahead of the GDP trading near support levels.

The cable posted a drop in price at yesterday’s session as well followed by Tuesday’s selloff. The follow up selling pushed the cable below the important support levels in the daily chart. The US GDP […]

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EURUSD- A daily close above 1.1300 the bulls aim at 1.1400 and 1.1440 in the next 1-2 days.

 The pair extended the loss on 3rd consecutive day lost 200D&ema at yesterday’s session. The US GDP increased at an annual rate of 3.7 percent in the second quarter of 2015. In the first quarter, […]

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