After cutting the 1.20 support like butter, it is tough to show much optimism on GBP/USD as the pandemic crisis and the Brexit trading lows from 2020 and 2016 respectively are coming into play. Disclaimer> This post is informational only. It is not trading or investment advice! Financial markets are inherently risky. Manage your position […]
GBP/USD found some love @ 1.20 and the August lows, as it will be another pair to watch for risk sentiment hints. Disclaimer> This post is purely informational. It does not constitute a trading or investment advice. Financial markets are inherently risky. Honor your risk management decisions that solely you are responsible for!
A FTSE-100 breakout from the 6.200-6.900 range of the last two years is very likely imho. This would also mark a fresh decade high for the index. FTSE-100, weekly chart: Chart courtesy of investing.com. http://investing.com Please read the Disclaimer!
The UK FTSE-100 has been stuck in the 6.200-6.900 range for about two years now. FTSE-100, weekly chart: Chart courtesy of investing.com. http://investing.com Please read the Disclaimer!
GBP/USD is still trading inside the horizontal channel between 1,5550 and 1,58 of the last weeks. The downtrend of the second half of the year has stopped, but I guess that when the current consolidation phase is over, a downmove is the most likely scenario for the cable. GBP/USD, 5-hourly candlesticks: Chart courtesy of Investing.com. […]
Click the following link to read my article on INVESTING.com: http://www.investing.com/analysis/gbp-usd-technicals-dec-18,-2014-236229 Content provided to and re-published from http://www.INVESTING.com Please read the Disclaimer!
GBP/USD is hovering around crucial long-term Fibonacci support, being at a 15-month low. GBP/USD, weekly chart: Chart courtesy of Investing.com. http://Investing.com Please read the Disclaimer!
After 2 months, the USD/JPY trend turned negative, while EUR/USD needs to trade above 1,2720 for the daily trend direction to reverse. It is notable that today’s ECB press conf and policy decisions had no significant impact on the day’s EUR/USD trading volatility, which remained low. The daily trend of the major FX pairs is […]