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Published on 8 Dec 2016
The Forex market has remained quiet, but global equities made strong gains, with major U.S. indices reaching all-time highs.
The EUR / USD currency pair rose from support at 1.0700, but seems to be topping below 1.0800 ahead of the ECB announcement due later.
The USD / JPY currency pair continues to descend, but is probably supported above 113.00, and bounded by a high below 115.00.
The GBP / USD currency pair seems to have developed some bearish momentum, and is currently swinging down from 1.2650.
The EUR / USD currency pair rose from support at 1.0700, but seems to be topping below 1.0800 ahead of the ECB announcement due later.
The USD / JPY currency pair continues to descend, but is probably supported above 113.00, and bounded by a high below 115.00.
The GBP / USD currency pair seems to have developed some bearish momentum, and is currently swinging down from 1.2650.
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