Crude Oil Consolidation In Place
Pivot (invalidation): 25.10 Our preference Short positions below 25.10 with targets at 23.70 & 23.35 in extension. Alternative...
GBP/USD Up If 1.2280 Zone Holds
The GBP/USD dropped below 1.2300 again during the Tokyo session. However, we can see that the market is...
Currency Pair of the Week: NZD/USD
The Reserve Bank of New Zealand (RBNZ) is set to meet on Wednesday to discuss interest rate policy. ...
GBP/USD Outlook: Prevailing Tone on Monday Negative But Cable Continues to Move Within Four-Day Range
Bumpy ride for cable at the beginning of the week, as the pair hit session high at 1.2437...
GBPUSD 1.2470 Key
The British pound look set for a major week ahead against the US dollar as the pair searches...
Nasty NFP Numbers
The headline Nonfarm Payrolls number was -20,500,000 vs an expected -21,000,000 and a revised -870,000 for March. At...
USD/JPY Outlook: Better than Feared US Labor Data Inflate Dollar
Dollar rose across the board after US jobs data showed better than markets feared results in April. Non-farm...
NZDUSD Exhibits Tendency For Further Advances
NZDUSD is extending price action above the 100- and 50-period simple moving averages (SMAs) after recently finding some...
XAU/USD Jumped To 1,720.00
On Thursday, the XAU/USD exchange rate skyrocketed to the 1,720.00 level. During today’s morning, the rate was trading...
USD/JPY Pressured By 100- And 200-Hour SMAS
Yesterday, the USD/JPY currency pair failed to surpass the 100-hour SMA near 106.50. During today’s morning, the pair...
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