GBPUSD Needs Break Above 200-SMA
GBPUSD finished Monday’s session on the negative side, unable to climb above the 200-day simple […]
Dollar Recently Traded in Defensive and Still Looks Vulnerable to Bad Eco News
Markets In the absence of important eco data, the new China Corona outbreaks and central […]
GBP/USD Eyes Fresh Rally, Dollar Dips Further
Key Highlights GBP/USD is holding gains above the 1.2000 support zone. It is trading above […]
GBP/USD: What’s With All That?
Just two months ago, GBP/USD was trading at its lowest level EVER, reaching a low […]
Week Ahead: Unrest in China, Inflation data, Powell, and NFP upcoming
Last week was a bit slower than usual due to the US Thanksgiving holiday, but […]
Trade Idea: What’s Next for Yen Crosses?
AUDJPY The wedge scenario on AUDJPY is such that the upper trendline dates as far […]
EURGBP Wave Analysis
EURGBP reversed from support level 0.8590 Likely to rise to resistance level 0.8700 EURGBP just […]
GBPJPY Maintains Weak Bias in Near-term; Broader Trend is Bullish
GBPJPY is retreating somewhat above the downward sloping short-term simple moving averages (SMAs). The rebound off […]
Elliott Wave View: GBPUSD Near Term Remains Bullish
Short term Elliott Wave View in GBPUSD suggests that the cycle from 11.4.2022 low is […]
Pound Steadies after Sterling Performance
The British pound has steadied on Thursday, after soaring 1.4% a day earlier. In the […]
Fed Minutes Quantified Probability of Recession, Giving Almost 50-50 Chance
Markets Core bonds rallied yesterday. US Treasuries vastly outperformed Bunds, catching a bid from economic […]
Stocks Up, USD Down after Fed Minutes
US stocks spent most of yesterday’s session hesitating between slight gains and slight losses, then […]