Technical Analysis

GBP/USD is weakening and is now close to the support at 1.3155. key support can be found at 1.3122 12/10/2017 low). Hourly resistance stands at 1.3338 (13/10/2017 high). ...
Technical Analysis

EUR/USD failed to test resistance at 1.1878 (12/10/2017 high). Strong support is given at a distance at 1.1662 (17/08/2017 low). Expected to show some short-term consolidation. ...
Fundamental Analysis

It is Friday and the US dollar is going up. The greenback has been going on a roller coaster over the past five days as the immediate outlook is quite opaque. In the US, the dollar has been able to ho...
Technical Analysis

The EUR/USD has formed a triple top pattern exactly at 88.6 fib of the major H1 swing. USD/JPY strength that I have presented as a trading idea on my yesterday's webinar moved the EUR/USD first to the...
Technical Analysis

After an active appreciation of buck, bears tried to restore lost positions and return the pair back to the weekly PP at 112.13. However, this attempt did not succeed due to combined support set up by...
Technical Analysis

Due to signs of negative temps of growth of the British retail sales, the Pound continued to depreciate against the Dollar. In result of the downfall, the cable slipped to the 1.3100 zone but then mad...
Technical Analysis

Although Spanish authorities decided to suspend Catalonia’s autonomy, the common European currency did not show negative reaction to this news. In fact, it bounced off from a combination of the 100-...
Fundamental Analysis

The British Pound fell sharply against the Greenback on the report showing stronger-than-expected drop in the country's retail sales. GBP/USD marked a 0.21% decrease to the 1.3151 level to finish the ...
Technical Analysis

The U.S dollar has recovered bullish momentum against the Japanese Yen, hitting 113.30, after the U.S Senate passed the 2018 budget blueprint, setting the stage for the proposed tax reforms from the T...
Technical Analysis

The British pound has fallen sharply lower against the U.S dollar, hitting 1.3091, as the U.S dollar index soars. The GBPUSD pair moved lower in the Asian session, as the U.S Senate passed through the...