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Wednesday 9 August 2017

[Short term] EUR being adjusted into downward further?

Since the tension escalated between US and North Korea, President Donald Trump warning "fire and fury", the financial market has been shaken and it driven investors into risk off.

Swiss Franc and Japanese Yen lifted in large scale, where EURJPY is around 128.56 which is near the lowest level in a month.

While EURJPY was down to a month low, EUR had hiked for some months against other major currencies.
Our Trend and Momentum indicates there are still rooms where EUR is adjusted into downward for such EURCAD, EURGBP and EURNZD.

You can check more Trend and Momentum indicators on our free mobile app available on Google Play.





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