EUR/USD: A Pause After the Rally Last week, 60% of analysts adopted a neutral stance in their previous forecast and were proven absolutely correct. EUR/USD had a calm week, even boring at times, moving along the 1.0650 mark within the narrow corridor of 1.0600-1.0690. Market participants were recuperating from the rally of the preceding days, […]
Cable is holding in extended consolidation around cracked psychological 1.30 support as larger bears are taking a breather for consolidation above key supports. Near-term price action holds within daily Ichimoku cloud (spanned between 1.3063 and 1.2965) with consolidation range being capped by cloud top and falling 10DMA, which adds to bearish bias. Negative momentum remains […]
The post Cable – Bears Look for Push Though Daily Cloud Base After Consolidation appeared first on Action Forex.
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