Pound Sterling (GBP/USD, EUR/GBP) Analysis All eyes on highly anticipated Fed hike this evening GBP/USD remains supported, grinds higher within ascending channel EUR/GBP testing long-term resistance ahead of tomorrow’s ECB decision The analysis in this article makes use of chart patterns and key support and resistance levels. For more information visit our comprehensive education library …
GBP/USD – Prices, Charts, and Analysis Friday’s US data could add a dose of volatility ahead of the Christmas break. Cable remains in a very narrow trading range this week. Recommended by Nick Cawley Traits of Successful Traders Most Read: British Pound Forecast – GBP Pummelled by BoE Rate Split and Strikes The US economic …
Australian Dollar Forecast: Bearish Recommended by Daniel McCarthy Forex for Beginners The Australian Dollar tumbled through the first few days of last week before steadying going into the weekend on a run up toward 68 cents. The RBA rate decision had little impact on the currency but the Federal Reserve’s decision this week could play …
US Dollar Remains in the Driver Seat for AUD/USD Read More »
US Stock Market Key Points: The S&P 500, Dow and Nasdaq 100 slide to finish near their monthly lows FOMC members rule out the possibility of rate cuts in 2023 All eyes continue to be on NFP data on Friday Most Read:US Dollar Price Action Setups: EUR/USD, AUD/USD, USD/CHF, USD/JPY US equity markets started the …
S&P 500, Nasdaq and Dow Extend Losses as Bears Remain at the Driver’s Seat Read More »
Pound Sterling GBP/USD, EUR/GBP Analysis Liz Truss enjoys healthy lead in the polls after last night’s televised debate Reuters poll suggests market expectations of a 50 bps hike from the BoE is not as clear cut as data suggests GBP/USD, EUR/GBP levels to consider ahead of US heavy event risk (FOMC, Q2 GDP) Liz Truss …
Sterling Takes a Back Seat Ahead of FOMC, BoE with Lots to Consider Read More »
USD/JPY News and Analysis The emergence of doji candles indicate indecision for USD/JPY Negative but better than expected Japanese GDP data worsens fundamental outlook Bearish divergence suggests the current USD/JPY consolidation may turn into a pullback Doji Candles Indicate Major Indecision for USD/JPY The Japanese Yen appears to be consolidating beneath the 130 level as …
Rates and Growth Differentials Take a Back Seat for now Read More »
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