UK 100 Index Runs Towards 5-Month High; SMAs Act as Supports
UK 100 stock index (FTSE 100) has advanced considerably after touching the 38.2% Fibonacci retracement level of the...
EURNZD Rests Falling Trend Line; Indicators Flatten Out
EURNZD has been hovering within a downward channel after the pullback on the 1.7200 psychological level on January...
USD/JPY Target 111.90
Pivot (invalidation): 111.45 Our preference Long positions above 111.45 with targets at 111.75 & 111.90 in extension. Alternative...
Gold Price Could Continue To Rise Near Term
Key Highlights Gold price found support near $1,292 recently and climbed above $1,300 against the US Dollar. There...
GBPCAD on a Slippery Mode; Stays Positive in Medium Term
GBPCAD is losing momentum after finding a strong resistance obstacle around the nine-month high of 1.7795 in the...
GBPUSD Risk Continues To Point Higher Despite Price Hesitation
GBPUSD risk continues to point higher despite price hesitation. Support stands at 1.3250 level. Further down, support comes...
FTSE Pushes on Despite Brexit Uncertainty
In recent days, we have been talking up the prospects of stronger recovery in European stock markets, owing...
FTSE – Breaking From An Inverse Head And Shoulders Bottom
Technical Weekly: Trading within a long-term bullish channel. The recent corrective move from the highs at 7904 stalled...
Market Morning Briefing: Pound Is Stuck In The 1.34-1.34 Region
STOCKS Global indices are broadly positive and are likely to move higher in the near term. The pace...
GBP/USD Outlook: Eases Further as Bets Against MV3 Approval Rise; Parliament’s Discussion about Brexit Delay
Cable holds slightly above daily low at 1.3220 in early American session trading on Monday, after the action...
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