Home $/ ¥ towards 110.00; €/ £ bullish bias; WTI Oil could
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$/ ¥ towards 110.00; €/ £ bullish bias; WTI Oil could

In today’s forex forecast, we cover the technical outlook for USD/JPY, EUR/GBP and WTI Crude, with Craig Erlam, Senior Market Analyst, Oanda, joined by Nick Batsford, CEO at Tip TV and Mike Ingram, Strategist at BGC Partners.


Key Points:

USD/JPY: Approaching key support near 115.50. People remain bearish. Breaking below 116-115.50 support will see a move lower towards 110.00 levels.

EUR/GBP: Technical charts favour the bulls.

WTI Oil: Seeing support around $30 level. Could see a minor retracement. 34$ might be on the cards.

Tip TV

Tip TV

Tip TV is a daily live finance video show, created for the financial trading community. Based in St Pauls, in the heart of the City of London, Tip TV is dedicated to supplying viewers with the very highest caliber guests with insightful and actionable infotainment.