Fx Primus Rebates

Markets in a lull as focus is on Powell, Jackson Hole

Range-bound trading prevailing so far in the session ForexLive The major currencies bloc snapshot is very much similar to what we had as yet another dud of a morning is taking place in European trading today. The aussie remains the leader following an earlier spike following the Scott Morrison’s takeover as Australia prime minister from…

Fx Primus Rebates

EURUSD keeps the trend run….running.

Eyeing the correction The EURUSD has kept the bull trend going and added another leg higher. The price dipped to 1.15806 – just above the 50% of the 2nd leg at 1.1579 on the headlines – and then shot up to a new session high of 1.1639. The 38.2-50% of that last leg higher comes…

Fx Primus Rebates

AUDUSD after a sharp tumble yesterday, retraces back

Turnbull out as PM and Morrison is in The political situation in Australia changed with PM Turnbull out and Morrison in. That helped to send the AUDUSD higher in the Asian session. Technically, the price moved to the 200 hour MA and 38.2% of the move down this week at 0.7290-92. Later, those levels were…