Technical Analysis

After having watched GBP/USD retest this support/resistance level for a week now, price action is looking like giving us the bearish confirmation we have been looking for. Bringing up a Cable daily ch...
Technical Analysis

GBP/USD has rebounded around 1.15% since June 12th after the general election slump. On the 4-hourly chart, GBP/USD has been trading above the downside uptrend line support since June 13th. The Brexit...
Technical Analysis

In today's post I want to take a look at USDJPY more closely which I believe has some very interesting pattern unfolding since last week. What really caught my eye is that move up from 108.80 area th...
Technical Analysis

Gold continued declining in today's trading, retracing more than 50% of the May 9 to June 6 upleg while extending the downtrend that started after the first week of June. Today's down movement has led...