ForexLive Asian market open: EUR continues to gain on the crosses

Author: Sean Lee | Category: News

EUR/CHF and EUR/GBP both made decent gains again overnight and both have now turned short term bullish. EUR/JPY didn’t join in which will be a dampener for those bulls hoping to pick a bottom in USD/JPY; it’s failure to mount any sort of a decent bounce would seem to indicate a looming test of 85.00. The AUD has had a quiet night and is where we left it yesterday. Tokyo return today after a long weekend, let’s see what they make of it all.

Good luck today.

By continuing to browse our site you agree to our use of cookies, revised Privacy Notice and Terms of Service. More information about cookiesClose