follo the levels EUR/GBP bears are back in the race during early Monday as the quote drops to 0.8845 amid the initial hours of the European session, after being absent in the last four days. In doing so, the cross-currency pair retreats from a three-week high while snapping a four-day winning streak. That said, a downward-sloping resistance line from early...
Future currency rate of the currencies is predicted at 1.5550205195147 (69.762% ) after a year according to our prediction system. This means that if you invested $100 now, your current investment may be worth $169.762 on 2024 March 14, Thursday.
EUR/USD Daily Outlook Intraday bias in EUR/USD remains on the upside at this point. Rise from 0.9534 should target 1.0609 fibonacci level. Further rally is expected as long as 1.0289 support holds, in case of retreat
GBP/JPY Daily Outlook Intraday bias in GBP/JPY is turned neutral with current recovery, but further decline is still expected as long as 167.40 resistance intact. Decisive break of 163.02 will resume the whole fall from 172.11, and target 100% projection of 172.11 to 163.02 from 168.99 at 159.90.
Daily Pivots: (S1) 165.59; (P) 165.98; (R1) 166.76; More… GBP/JPY's break of 166.06 minor resistance suggests that correction from 172.11 has completed with three waves down to 163.02. Intraday bias is now mildly on the upside for retesting 172.11 high.
POSCO reported on Tuesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations. POSCO announced earnings per share of 3.48 on revenue of 17.6B. Analysts polled by Investing.com anticipated EPS of 3.37 on revenue of 17.58B. POSCO shares are down 14.67% from the beginning of the year and are trading at 50.50 ,...
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