All is quiet on Columbus bank holiday
Financial markets are calm this morning on what is likely to be a quiet day for investors with the US, among others, observing the Columbus bank holiday and Japan also …
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GBP/USD Forecast: 1.3275 Support Ignored As DXY Rallies
The GBP/USD pair could extend its downside movement as long as it stays under the downtrend line. Stabilizing above the 1.3275 level and making a valid breakout above the downtrend …
Read More USD/CAD Forecast: Remains Bullish On Mixed Canadian Retail Sales
The USD/CAD pair maintains a bullish bias despite a minor retreat. Taking out the near-term resistance levels could announce an upside continuation. In the short term, the USD/CAD pair seems …
Read More GBP/USD Forecast: 1.3275 Continues to Hold After Poor UK Data
The GBP/USD pair rebounded after registering a new false breakdown below the 1.32 psychological level. The US data could be decisive later today, better than expected figures could boost the …
Read More USD/CAD Forecast: Turned To The Downside As 1.2763 Resistance Holds
The USD/CAD pair could drop deeper if it stabilizes below the weekly pivot point. Only a valid breakout above the downtrend line could announce that the downwards movement is over. …
Read More USD/JPY Forecast: Retesting Buyers at Around the 115.80 Mark
The USD/JPY pair drops as expected after reaching the warning line (WL1). Its correction could be only a temporary one, the buyers could catch a new leg higher after the …
Read More GBP/USD Forecast: Challenges 1.3550 Ahead Of The US NFP
The GBP/USD pair could extend its upwards movement if the price makes a valid breakout through the 61.8% retracement level. The US NFP, Average Hourly Earnings, and the Unemployment Rate …
Read More GBP/USD Forecast: Aiming for 1.3700 Psychological Level
The GBP/USD pair extended its rally after retesting the uptrend line and the 61.8% retracement level. A valid breakout above the 78.6% retracement level could announce an upside continuation. The …
Read More USD/JPY Forecast: Support Continue To Be Breached, 114.00 Eyed
The USD/JPY pair is in a corrective phase, the next downside target is represented by the 61.8% retracement level. A larger correction could be activated by a valid breakdown below …
Read More GBP/USD Forecast: Bullish Above 1.3700 Psychological Level
The GBP/USD pair maintains a bullish bias as long as it stays above the uptrend line. The price action activated a larger growth after taking out the resistance represented by …
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