14 November, 2017 by Aayush Jindal in Market Analysis
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...
31 October, 2017 by Aayush Jindal in Market Analysis
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%.
11 November, 2016 by Aayush Jindal in EURJPY, Fundamental Analysis, Market Analysis, Technical Analysis
EURJPY – Can Euro Continue Higher Vs Japanese Yen?
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...