GBPUSD Testing Trendline Support
The British pound has moved sharply lower against the US dollar after the United Kingdom Construction PMI came...
Market Morning Briefing: Pound Has Immediate Support At 1.3050
STOCKS Global indices extended their upmove on Friday. However, most of the indices are hovering near their key...
US 30 Index Clears 200-Day SMA, Seems Positive in Immediate Term
The US 30 index has continued to recover in recent sessions, managing to close above its 200-day simple...
Brent Crude Oil Futures Trade Sideways in Near Term; Hold in Tight Bollinger Band
Brent crude oil futures have been moving sideways within the Bollinger bands over the last three weeks, failing...
USDZAR Remains Negative, May Post “Death Cross” Soon
USDZAR has continued to print lower highs and lower lows on the daily chart, keeping the medium-term picture...
GBP/USD Faces Corrective Weakness On Price Rejection
GBPUSD faces correction weakness on price rejection following its flat close on Thursday. Support is seen at 1.3000...
USD/JPY Outlook: Tight Ranges Ahead US NFP, Little Impact From Renewed Risk Aversion
The pair holds within tight consolidation and awaiting US jobs data for fresh signals after pullback from 110...
EUR/USD Might Surge To R2 At 1.1500
During Thursday’s trading session, the currency exchange rate depreciated to 1.1440, passing through the support levels of the...
GBP/USD Aims To Break PP At 1.3084
During Friday’s morning hours, the British Pound passed through the support levels of the 55-hour and the 200-hour...
USD/JPY Could Trade At 108.40
During Thursday’s trading session, the rate depreciated to 108.40, as it was expected. On Friday morning, the US...
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