Daily Look

EURUSD Daily Pivots R3 1.1387 R2 1.1338 R1 1.1272 Pivot 1.1222 S1 1.1156 S2 1.1107 S3 1.1041 EURUSD has formed a bearish reversal pattern near the highs of 1.1268 identified …

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The past week has been a volatile one on the forex markets as the UK, US and Eurozone have all taken turns in the spotlight. We started out with news …

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We start a new month with many countries observing a Bank Holiday either today or next Monday so we are likely to see a couple of quiet sessions, in particular …

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EURUSD Daily Pivots R3 1.1496 R2 1.1379 R1 1.1301 Pivot 1.1184 S1 1.1107 S2 1.099 S3 1.0909   EURUSD has reached the target resistance/support level at 1.117 after briefly spiking …

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EURUSD Daily Pivots R3 1.145 R2 1.1319 R1 1.1222 Pivot 1.1089 S1 1.0994 S2 1.0861 S3 1.0764   EURUSD reached the target zone to 1.117 yesterday and has since then …

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Yesterday’s US GDP data confirmed the divergence between the UK and US, which has now been building for some months and we saw GBPUSD crescendo higher. It is now not …

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Ahead of the FOMC it’s the turn of the US to release GDP data today which is expected to see the Q1 annualised rate decline from 2.2% to 1.1%. This …

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The economic calendar is busy today with UK GDP data this morning being a focus and one of the reasons for the recent strength in GBPUSD. There’s been a shift …

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Last week the pound put in a stellar performance against the dollar as GBPUSD hit a five week high against the tide of uncertainty ahead of the UK General Election …

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After Saudi Arabia resumed its bombing campaign over Yemen yesterday, oil prices are sitting near a 2015 high this morning, with Brent trading at $65 a barrel while the West …

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