GBPUSD Consolidating Above Key 1.3 Level Ahead of Super Thursday

GBPUSD Technical Analysis

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GBPUSD Testing Weekly Chart Descending Wedge Resistance

AUDUSD Technical Analysis

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GBPUSD Daily MACD Negatively Crossing Ahead of NFP

GBPUSD Technical Analysis

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GBPUSD Bouncing Off Weekly Chart Upchannel Support

ZS (Soybean) Technical Analysis

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GBPUSD Over 400 Pips Above Last Monday’s Theresa May Low

SI (Silver) Technical Analysis

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EURUSD, GBPUSD Trading Range Likely Tight Despite Busy News Day, as FOMC Looms

Euro Weekly Chart

…s view the GBPUSD charts below for a better idea of what may unfold today. GBPUSD Weekly/Daily/4hr/Hourly Today’ll be a busy news day for the GBPUSD, with the UK Bank Stress Test results released at 2am EST, the UK CPI out at 430am EST, and the US Building Permits released at 830am EST. The GBPUSD saw a fair degree of downward pressure yesterday, clearly rejected by the descending wedge resistance line (as seen on the weekly chart), along with the…

GBPUSD, EURUSD on Hold Ahead of BOE/ECB Announcements

Pound Weekly Chart

…tly forming the 3rd straight weekly Doji or Tombstone candle. Although the GBPUSD appears to be trying to bottom in the daily and 4hr charts seen below, the GBPUSD remains precariously close to the November low. With today’s BOE rate announcement and US Unemployment Claims, bulls should take caution with the weekly MACD green line still sloping down. EURCHF Weekly/Daily/4hr/Hourly The EURCHF is fast approaching the descending wedge resistance line…

Busy News Day for GBPUSD

Pound Weekly Chart

…tly forming the 3rd straight weekly Doji or Tombstone candle. Although the GBPUSD is trying to bottom in the shorter timeframe charts seen below, the GBPUSD remains precariously close to the November low. With today’s busy news schedule, bulls should take caution with the weekly MACD green line still sloping down. Euro Philadelphia Index Weekly The Euro index slid below 124 yesterday, as nervousness over the ECB announcing its version of QE this T…

GBPUSD Testing Weekly Chart Triangle Resistance

CT (Cotton) Technical Analysis

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GBPUSD Retesting Key 1.3 Level Ahead of UK Election

GBPUSD Technical Analysis

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