EUR/GBP Outlook: Cross Heads Higher as Pound Comes Under Fresh Pressure
The cross regained traction and bounced from strong support at 0.8790 (200SMA/broken Fibo 50% of 0.9113/0.8471), which contained...
GBPAUD Touches Uptrend Line, Maintains Short-Term Bearish Bias
GBPAUD has touched the ascending trend line, which has been holding since December 2018, trading below the flat...
GBP/USD And USD/CAD Signaling More Upsides
GBP/USD is slowly recovering and it is currently trading above 1.2680. USD/CAD is likely to resume its upward...
EURAUD Positive in Near Term, Neutral in Medium Run
EURAUD recorded decent gains in the past month, crossing above its 50- and 200-day simple moving averages (SMAs)...
GBP/USD Outlook: PM May Announced Her Resignation, Opening a Number of Brexit Scenarios
Cable regained traction and quickly recovered from half a cent dip on announcement of the day of Theresa...
GBPUSD Bullish Pattern Building
The British pound has reversed sharply higher against the greenback following continued broad-based weakness in the US dollar...
EURUSD Struggling With 1.1190
The euro is struggling to move above the 1.1190 level against the US dollar as the implications of...
GBP/USD Tests 100-Hour Moving Average
On Thursday, the GBP/USD exchange rate rised to the 55-hour moving average, currently located at 1.2662. During today’s...
USD/JPY Dropped To Fibo 50.00%
Yesterday, the USD/JPY currency pair dropped to the support level formed by the Fibonacci 50.00% retracement at 109.58....
XAU/USD Likely To End down
On Wednesday, the price for gold skyrocketed the resistance level formed by the monthly PP at the 1,287.27...
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