EUR/USD has kicked off 2021 by resuming its gains amid dollar weakness. Concerns about covid variants, slow vaccine distribution, and Georgia’s special elections may bring it down. Monday’s four-hour chart …
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EUR/USD may find it hard to recover if US fiscal stimulus is derailed. End-of-year flows, Brexit and data are in play ahead of Christmas. Wednesday’s four-hour chart is showing bears …
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GBP/USD has been rising as panic over the new corid strain receded and France opened its borders. A Brexit deal may come within hours, but it all depends on fishery …
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GBP/USD has recovered from the abyss as markets calm about the virus strain. A Brexit breakthrough on fisheries could be around the corner. Tuesday’s four-hour chart is showing an advantage …
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EUR/USD consolidates the gains seen on Tuesday after Powell’s testimony and a potential Brexit delay. Another appearance by the Fed Chair stands out, but geopolitics should also be eyed. The …
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The UK government decided to give MPs an option to extend Brexit. What’s next for the pound? Here is their view, courtesy of eFXdata: Societe Generale Research discusses GBP/USD scenarios in …
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Federal Reserve Chair Jerome Powell testifies on Capitol Hill as the global slowdown becomes more release. The Fed has already pledged patience on interest rate hikes and also opened the …
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EUR/USD is trading a bit higher within the narrow ranges. All eyes are on Fed Chair Jerome Powell’s testimony. The double-top at 1.1372 is the key to the upside. EUR/USD …
Read More The pair remains consolidative in the upper-1.1300s for the time being, although further gains need to clear the critical resistance at the 1.1380 region, where is located the 55-day SMA. …
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GBP/USD hit a four-week high on reports that PM Theresa May is set to propose a delay of Brexit. What’s next for cable? The Technical Confluences Indicator shows that pound/dollar faces some resistance …
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