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EUR/USD, GBP/USD and AUD/USD all aiming for further gains


EUR/USD looking to clear $1.22
EUR/USD is edging back to through the $1.22 zone for a second day, having reversed Friday’s losses yesterday.
This leaves it on course to challenge $1.235, the peak from the beginning of the year. Sellers are still waiting for an indication of a move lower, with a drop below $1.21 needed to open the way to more significant downside.
GBP/USD recovers from mixed Monday
After shaking off some weakness yesterday, GBP/USD moved higher again.
We now look for a move back towards $1.424 and the highs from late February. As with EUR/USD, there is little sign of a reversal, with even yesterday’s small drop being met with buying. ....

Ig Asia Pte Ltd , Research Disclaimer , Ig Group , Financial Advisers , Accredited Investor , Expert Investor , Institutional Investor , Pte Ltd , ஐஜி ஆசியா ட் லிமிடெட் , ஐஜி குழு , முறைப்படிஒப்புக்கொள்ளப்பட்ட முதலீட்டாளர் , நிபுணர் முதலீட்டாளர் , நிறுவன முதலீட்டாளர் , ட் லிமிடெட் ,

EUR/USD and GBP/USD surge as USD/JPY wilts under pressure


EUR/USD pushes on to $1.22
EUR/USD has continued to climb, rallying back to the zone around $1.22 that has held back progress throughout the year so far.
The recovery from below $1.21 bounced from trendline support and provided the fuel for the gains of the past two sessions, with a breakout above $1.22 opening the way to $1.234 and the January peak.
GBP/USD at three-month high
With GBP/USD, $1.4242 and the February high are now in sight again as the bounce finds new energy.
An elevated stochastic crossover points towards the strength of bullish momentum here, as the bounce from $1.40 last week remains in place. The steady recovery from $1.36 since March looks set to continue, with a bearish view requiring a reversal below $1.40 at the least. ....

Ig Asia Pte Ltd , Research Disclaimer , Ig Group , Financial Advisers , Accredited Investors , Expert Investor , Institutional Investor , Pte Ltd , ஐஜி ஆசியா ட் லிமிடெட் , ஐஜி குழு , முறைப்படிஒப்புக்கொள்ளப்பட்ட முதலீட்டாளர்கள் , நிபுணர் முதலீட்டாளர் , நிறுவன முதலீட்டாளர் , ட் லிமிடெட் ,