Forexzilla.org

If GBP/USD breaks and closes below 1.9500 there are practically no obstacles on the way towards 1.9330. Technical studies are in negative teritory and favor the downside. Rallies should be capped near 1.9600 and 1.9780.

EUR/USD broke below 1.5340 support after FT article reminded that “US and Europe seek rise in dollar”. The forex market participants look like children these days  when the teacher has to remind them that they have to be good and not break the toys. Whatever, even ECB noticed that the EUR is far away from [...]