EUR/GBP Price Analysis: Bearish outlook persists, pair continues sideways trading
In Tuesday's session, the EUR/GBP pair mildly rose to 0.8440 and is showing that the technical outlook remains mixed.
In Tuesday's session, the EUR/GBP pair mildly rose to 0.8440 and is showing that the technical outlook remains mixed.
The AUD/USD pair falls to near 0.6650 in Tuesday’s North American session.
The Pound Sterling (GBP) has crept a little higher over the course of the trading day so far.
EUR/USD struggles to gain ground near its weekly low of 1.1030 in Tuesday’s New York session.
The USD/JPY pair steadies near 143.00 in Tuesday’s European session, holding gains generated after rebounding from the Year-to-date (YTD) low of 141.70 on Monday.
The New Zealand Dollar (NZD) could break below 0.6115; the support at 0.6085 is highly unlikely to come into view, UOB Group FX strategists Quek Ser Leang and Peter Chia note.
The Australian Dollar (AUD) is likely to weaken further; the support at 0.6620 is likely out of reach today, UOB Group FX strategists Quek Ser Leang and Peter Chia note.
The Pound Sterling (GBP) is expected to continue weaken, potentially to 1.3035.
Here is what you need to know on Tuesday, September 10: The US Dollar (USD) struggles to preserve its strength early Tuesday after outperforming its major rivals on Monday.
Silver price (XAG/USD) edges lower to near $28.30 per troy ounce during Tuesday’s Asian hours.