Immediate resistance appears at nine-day EMA above 1.0400
The value of the EUR/USD pair may decline further due to weak short-term price momentum. Initial support is seen at the two-year low of 1.0332, which was recorded on November…
Tests nine-day EMA above descending channel near 1.2550
The GBP/USD pair is positioned above the descending channel, indicating a weak bearish bias. The upper border of the descending channel acts as a major support near 1.2540 level. Immediate…