ORBEX: Dollar Weakness Drives Euro and Yen Higher!
In today’s #marketinsights video recording, I talk about EURUSD and USDJPY FX Majors
Both major pairs were affected by incoming trade war flows, following China's rather pessimistic view on proceeding with a phase-1 of a potential trade deal.
Euro could move towards 1.11 round resistance and yen could push the dollar down near the 108 round support.
The above scenarios have validating signals that you can find watching this video!
Stavros Tousios
Head of Investment Research
Orbex
This analysis is provided as general market commentary and does not constitute investment advice.
Both major pairs were affected by incoming trade war flows, following China's rather pessimistic view on proceeding with a phase-1 of a potential trade deal.
Euro could move towards 1.11 round resistance and yen could push the dollar down near the 108 round support.
The above scenarios have validating signals that you can find watching this video!
Stavros Tousios
Head of Investment Research
Orbex
This analysis is provided as general market commentary and does not constitute investment advice.
