The GBP/USD moved sideways from Monday to Wednesday, and then began to come down on Thursday. Price went downwards from the distribution territory at 1
With the pair failing to hold on to its past week gains to close on a rejection candle the past week, it now faces pullback threats
NFP. Sell Bitcoin. Buy precious metal bullion.
Gross domestic product growth was revised up to 1.2%. Economists had expected an upward revision to .9% growth.
The pair remains vulnerable to the downside on correction as it sold off during Friday trading today.
Special CRB - Trends In Futures FX open position report.
The dollar is falling. Supporting exports.
Futures are higher for a sixth day due to the dovish on balance minutes from the May 3 Federal Open Market Committee meeting, which were released yesterday.
Futures are higher for a fifth day due to growth in corporate earnings and signs of economic strength.
With Memorial Day approaching next week I for one offer my greatest thanks and gratitude to all of our military personal past, present and future and pray for their sacrifice and safety on this coming...
The pair continues to retain its recovery threats strengthening strongly on Tuesday and leaving risk of price extension
Futures are higher for a third day due to growth in corporate earnings and signs of economic strength.
The USD/CHF trended lower on Monday, in continuation of the bearish trend that is in place. There is a Bearish Confirmation Pattern in the market,
Futures firmed due to higher crude oil prices and the stronger than expected April Chicago Federal Reserve National Activity Index, which increased to .49 last month from .7 in March.
The EUR/USD gained 290 pips last week, as price closed slightly above the support line at 1.1200. This week, price may target the resistance lines at 1.1250, 1.1300
The commodity closed higher the past week leaving risk higher.
Given the enormous untapped potential of Ethereum, and the strong adoption among respected top banks across the globe, we believe this trend acceleration only got started. Because of that, we forecast...
Are The Trends Coming
With the pair rallying to close higher the past week, more strength is expected in the new week.
Global stock markets edged higher as most commodity prices advanced.