GBPUSD

Surprise Sterling Surge In Thin Holiday Trade

GBPUSD is the surprise mover in thin post-Xmas trading, trying to reach the 60MA in the daily chart below and touch the 1.3500 resistance...

FX Majors Mostly Quiet In Run-Up To Xmas

As the week winds down ahead of the Christmas weekend, there's not a lot of fundamental news or events driving or being driven by...

Cable Offers Scalping Setups at 1 Year Lows

GBPUSD is currently bouncing off 1.3145 support on the Daily chart below. The pound would need to clear a major big figure at the...

Cable Closes Week Near 11-mth Lows as Risk-Off Favors Dollar

The British pound is maintaining its weakness below key resistance levels in multiple timeframes. There's a slight rebound ahead of the weekend on the...

Majors relax ahead of key USD resistance levels

Major dollar crosses look like they're easing back ahead of significant tests major dollar resistances. All this on the back of the notion that Fed...

Dollar Gained Amid Rising Yields

STATE OF THE MARKETS Dollar gained amid rising yields. US stocks closed flat on Monday, with Dow (-0.04%) and Nasdaq (-0.04%) edging lower while S&P...

FX majors break out of ranges for more swing trades

Many FX majors (except USDJPY) have finally broken out of familiar intraday ranges, allowing for more swing trade opportunities. The charts in this post are...

Intraday FX targets unchanged in calm November start

The new month opened calmly ahead of NFP and rate decisions out of the US and the UK. H4 range targets remain the same, hence...

Month-end book adjustments spur spikes but no surprises

Institutional traders squaring books in the month-end caused a few spikes, but price action were still largely contained in familiar ranges as expected earlier...

Quiet Trading Keeps Price Action Rangebound This Week

Other than the US Core PCE Price index number this Friday, this week promises to be quiet from fundamental analysis standpoint. The charts in this...

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