Published on Sep 1, 2016
The
market yesterday was mostly quiet and unchanged over the day. We now
look ahead to the key non-farm payrolls release due tomorrow to provide
crucial direction.
The EUR / USD currency pair remains unchanged, sitting very firmly in the middle of its multi-month long-term consolidation range.
The USD / JPY currency pair continues to rise, and has broken above the anticipated resistance below 103.00, which is a bullish sign.
The GBP / USD currency pair looks very choppy and indecisive at present. It can still be said to be in a long-term downwards trend.
The EUR / USD currency pair remains unchanged, sitting very firmly in the middle of its multi-month long-term consolidation range.
The USD / JPY currency pair continues to rise, and has broken above the anticipated resistance below 103.00, which is a bullish sign.
The GBP / USD currency pair looks very choppy and indecisive at present. It can still be said to be in a long-term downwards trend.
No comments:
Post a Comment