GBP/JPY Price Analysis: Finds support around nine-day EMA at 191.00 – FXStreet
GBP/JPY will test instant support on 9-day EMA at 191.00. The 14-day RSI is below 50 years old, with a bearish momentum increasing. Currency Cross can test immediate resistance at 14-day EMA on 191.17. GBP/JPY has been winning streak in three consecutive sessions, trading around 191.00 on Monday during European time. Daily chart analysis shows […]
EUR/USD Price Analysis: Immediate resistance appears at nine-day EMA above 1.0400 – FXStreet
EUR/USD could fall further due to weak short-term price momentum. The first support level is seen at 1.0332, the two-year low recorded on November 22nd. The 9-day EMA serves as an immediate resistance at the 1.0417 level. EUR/USD has regained recent losses from the previous session and is trading around 1.0410 in European time on […]
GBP/USD Price Forecast: Tests nine-day EMA above descending channel near 1.2550 – FXStreet
GBP/USD is located above the descending channel, suggesting a weakening bearish bias. The upper bound of the descending channel acts as a major support near the 1.2540 level. Immediate resistance appears at the 9-day EMA at the 1.2565 level. GBP/USD has regained recent losses and is trading around 1.2550 in European time on Tuesday. Daily […]