EURUSD Looks Poised For New Low

EURUSD Looks Poised For New Low Key Highlights             A recovery in the EURUSD pair failed this past week, as the pair started to trade lower once again. There was a support trend line formed on the hourly chart of the EURUSD pair, which was broken to help sellers gain control. Euro Zone Manufacturing Purchasing Managers Index (PMI) will be released b...
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The EURGBP Remains in Clear Downtrend under Pressure

Key Highlights Euro continued to weaken not only against the US Dollar, but also currencies such as the British Pound. EURGBP is under pressure and remains at risk of more declines in the near term. Today, the UK Construction PMI will be released by the Chartered Institute of Purchasing & Supply and Markit Economics, which might impact the EURGBP pair. In Japan, t...
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