EUR/GBP – Can Euro Retain Gains Vs British Pound?

Key Highlights The Euro made a nice upside move from the 0.8810-0.8800 area against the British Pound. There was a break above a major bearish trend line with resistance at 0.8855 on the 4-hours chart of EUR/GBP. The Germany’s wholesale price Index in Oct 2017 posted no change, whereas the forecast was +0.4% (MoM). Today in the UK, the CPI for Oct 2017 will be r...
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EUR/JPY – Euro To Japanese Yen’s Long Term View

Key Highlights The Euro is in a solid uptrend from the 115.00 swing low against the Japanese Yen, but facing hurdles near 134.50. There was a break above a monster bearish trend line at 120.00 on the weekly chart of EUR/JPY. Recently, the Germany’s consumer price index preliminary reading for Oct 2017 came in at 1.6% (YoY), less than the forecast of +1.7%. Today...
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EURJPY – Can Euro Continue Higher Vs Japanese Yen?

EURJPY – Can Euro Continue Higher Vs Japanese Yen? Key Highlights The Euro recently broke a major resistance area at 115.90-116.00 against the Japanese yen. There is a bullish trend line formed on the hourly chart of EURJPY, which is acting act as a support along with 116.00. Today, the Japanese Domestic Corporate Goods Price Index released by the Bank of Japan po...
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