Usd extends consolidation near
Ethereum price analysis ethusd extends consolidation.
11 after chinese gdp missed expectations but industrial production surprised to the upside. You are at home fxstreet news usdjpy extends consolidation near mid-111s, eyes on wall street usdjpy extends consolidation near mid-111s, eyes on wall street 0. Speculation about the brexit vote and fed speakers are set to rock markets.
Usdjpy extends consolidation near mid-111s, eyes on wall.
The usdjpy pair traded in a very tight range during the asian session near the 107. The audusd pair closed every trading day of the previous week in the negative territory and erased more than 100 pips for the week. There is also a new bearish trend line formed with resistance at 201 on the hourly chart of ethusd.
Us dollar index extends rally to fresh multi-month highs above 98. 70 mark but came under strong bearish pressure in the european morning after the disappointing purchasing managers index (pmi) readings from the euro area and germany revived concerns over a global economic slowdown and ramped up the demand for safe-haven assets. As long as the price is below the 201 level, it could drop towards the 197 support area in the near term.
Following yesterdays sharp fall, bitcoin (btcusd) has gone into a consolidation phase and has been fluctuating in a very tight band near 9,500. On the upside, there is a strong resistance formed near 201 and the 100 hourly sma. Audusd struggles to find direction following last weeks slump.
Usdjpy extends consolidation near 107. 50 following.
Forex crunch is a site all about the foreign exchange market, which consists of news, opinions, daily and weekly forex analysis, technical analysis, tutorials, basics of the forex market, forex software posts, insights about the forex industry and whatever is related to forex.