Forex News - Daily Technical Outlook.Feb.17 - ForexSQ

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EUR/USD: The Eurusd rallied towards 1.3587 levels after solid support was seen near 1.3500 levels on continuous talk of sovereign buying. Daily stochastic is showing upside momentum. Looking ahead today, Current Account data expected better. As mentioned earlier, If Euro...

GBP/USD: The Pound trading near 1.6108 levels had fallen towards 1.60 levels overnight after soft jobs data yesterday with 2.4k vs. -3k forecast. Also the BOE quarterly inflation report disappointed markets who were looking for more support for a rate rise this year. Looking ahead today.....

USD/JPY: The pair rose towards Y84 levels early morning post FOMC minutes which had discussed about the inflation risks. Currently it is trading at 83.60 levels. Strong support seen.....

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