Pressure on the Pound Is Mounting
Incoming macroeconomic data from the UK appears distinctly weak. GDP unexpectedly declined by 0.1% in May instead of the forecasted 0.1% growth. The …
Incoming macroeconomic data from the UK appears distinctly weak. GDP unexpectedly declined by 0.1% in May instead of the forecasted 0.1% growth. The …
Red lines- bearish channel Blue line- support trend line USDJPY remains technically in a bearish trend as price is still inside the medium-term do…
For the pound/dollar instrument, the wave marking looks quite complicated at the moment but still does not require any clarification. We have a supp…
The wave marking of the 4-hour chart for the euro/dollar instrument still does not require adjustments, but it is undoubtedly becoming more complica…
Two days ago we warned traders that USDJPY is providing rejection sign and the chances of a pull back had increased. Price reached resistance and bou…
Red lines- downward trend line Blue line- resistance trend line Gold price is trading still above $1,700. Despite Dollar weakness Gold bulls seem …
ETH/USD rallied in the short term and now it approaches a strong resistance area. It was trading at 1,222 at the time of writing. Ethereum edged high…
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