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The Malaysia stock market bounced higher again on Wednesday, one session after it had ended the seven-day winning streak in which it had spiked more than 70 points or 5.3 percent. The Kuala Lumpur Composite Index now rests just above the 1,450-point plateau and it may add to its winnings on Thursday

EUR/USD’s bullish momentum is extending for yet another session. Beyond 1.10 the pair could test the 200-day SMA in the 1.1015/20 band. EUR/USD is prolonging the weekly recovery and is flirting with a potential test of the key 1.1000 region. After breaking above the consolidative theme around 1.

GBP/USD has been in a corrective pattern since the 14th of April 2020. The current wave count is of an expanded flat pattern with an exhaustion gap just before the 50 Fibonacci level at 1.20268. The gap resulted in a reversal that was impulsive in nature that is now testing our channel resistance.