Tag: faced

GBP/USD breaks lower to test 20-DMA
Finance
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Finance
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GBP/USD breaks lower to test 20-DMA

Brian Evans - Feb 06, 2017

The GBP/USD pair finally broke its Asian consolidation box to the downside, after having faced rejection once again just shy of 1.25 handle. The major extends the…

EUR/USD drops to session low near 1.0750 level
Finance
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Finance
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EUR/USD drops to session low near 1.0750 level

Brian Evans - Feb 06, 2017

Having faced rejection near 1.0800 handle, the EUR/USD pair accelerated the downslide and has now dropped to fresh session low near mid-1.0700s.  Spot ran through fresh offers…

AUD/USD: Downside opening up towards 0.7600?
Finance
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Finance
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AUD/USD: Downside opening up towards 0.7600?

Brian Evans - Feb 06, 2017

The AUD/USD pair faced a double blow in Asia this Monday, and now meanders near daily lows amid weak fundamentals and cautious sentiment, as investors shift focus…