GBPUSD Retesting Weekly Chart Descending Wedge Resistance

GBPUSD Technical Analysis

…ccess technical analysis on one market from the most recent edition of FX (GBPUSD | GBPAUD) + Today’s Top Trade (WTI Crude) Join the world’s largest asset manager and 2 of the world’s 5 largest hedge funds by AUM as daily readers of Tradable Patterns’ technical analysis. Since becoming available on Bloomberg, Refinitiv and FACTSET, readers have included every single one of the global top 10 investment banks. If you represent an institutional inves…

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 Testing Weekly Chart Triangle Resistance

CT (Cotton) Technical Analysis

Please Register/Login to view Today’s Top 3 Trades. Each day, the top 3 setups and/or momentum trade ideas (from the Watchlist) is presented. All markets analysed are ordered by how favourable the risk:reward presented by the trade idea appears, with the market listed at the top deemed at the time the screenshots are captured to be the highest conviction trade for the day. As many of the trade setups and momentum plays are ongoing ideas inspiring…

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

SI (Silver) Technical Analysis

Please Register/Login to view Today’s Top 3 Trades. Each day, the top 3 setups and/or momentum trade ideas (from the Watchlist) is presented. All markets analysed are ordered by how favourable the risk:reward presented by the trade idea appears, with the market listed at the top deemed at the time the screenshots are captured to be the highest conviction trade for the day. As many of the trade setups and momentum plays are ongoing ideas inspiring…

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…

GBPUSD Consolidating Above Key 1.3 Level Ahead of Super Thursday

GBPUSD Technical Analysis

Please Register/Login to view Today’s Top 3 Trades. Each day, the top 3 setups and/or momentum trade ideas (from the Watchlist) is presented. All markets analysed are ordered by how favourable the risk:reward presented by the trade idea appears, with the market listed at the top deemed at the time the screenshots are captured to be the highest conviction trade for the day. As many of the trade setups and momentum plays are ongoing ideas inspiring…

GBPUSD Daily MACD Negatively Crossing Ahead of NFP

GBPUSD Technical Analysis

Please Register/Login to view Today’s Top 3 Trades. Each day, the top 3 setups and/or momentum trade ideas (from the Watchlist) is presented. All markets analysed are ordered by how favourable the risk:reward presented by the trade idea appears, with the market listed at the top deemed at the time the screenshots are captured to be the highest conviction trade for the day. As many of the trade setups and momentum plays are ongoing ideas inspiring…

GBPUSD Retesting 61.8% Fib Retrace of Dec-Mar Slide

GBPUSD Technical Analysis

…e headline above. Today’s Top 3 Trades includes technical analysis on: FX (GBPUSD | EURUSD) + Today’s Top Trade (Cocoa) Join the world’s largest asset manager and 3 of the world’s 5 largest (and 5 of the 10 largest) hedge funds by AUM as daily readers of Tradable Patterns’ technical analysis. Since becoming available on Bloomberg, Refinitiv and FACTSET, readers have included every single one of the global top 10 investment banks. If you represent…

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 Descending Wedge Resistance

AUDUSD Technical Analysis

Please Register/Login to view Today’s Top 3 Trades. Each day, the top 3 setups and/or momentum trade ideas (from the Watchlist) is presented. All markets analysed are ordered by how favourable the risk:reward presented by the trade idea appears, with the market listed at the top deemed at the time the screenshots are captured to be the highest conviction trade for the day. As many of the trade setups and momentum plays are ongoing ideas inspiring…