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- EURGBP – strong bullish signal is developing following a break above daily cloud
- Risk aversion keeps pound under pressure but bears face headwinds
- Euro holds firm bearish tone ahead of Fed
- Bears are gaining traction, clear break of 109 zone to risk deeper fall
- Technical studies continue to point lower
- Aussie dips to two-week low on dovish RBA; US CPI data in focus
- WTI rises above $70 for the first time in five weeks
- The dollar index is set for acceleration through 93 resistance zone
- Bears accelerate under thick daily cloud
- Aussie regains traction but fresh bulls face strong headwinds from falling thick daily cloud