The pair is consolidating in the range of 1.1700-1.1760 amid the US employment data, which will be published tomorrow, and if it turns out to be higher than the forecast, this should push the pair down.
Technical side:
The price is located below the middle Bollinger band, above SMA …
Wednesday, March 31st, today’s news—US President Joe Biden to unveil his $2 trillion package for infrastructure recovery. American and European markets are mostly flat, Down slipped from record highs, private payroll data is in focus the US, investors await the eurozone inflation data, Germany posted lower jobless claims, the UK's …
The dollar against the yen pushed strongly to the upside to surpass our awaited target at 110.30 and reach the extended target of 111.00, forming within the ascending channel that appears on the chart, which has positive targets that extend to 111.70.
Therefore, the bullish trend will remain likely …
Don't have your language?
