EURGBP was previously trading inside a range with support around .8400 and resistance at .8800. Just recently, the pair broke past the resistance to signal that buyers are taking hold. Price closed back below the resistance in...
In June 2015, we mentioned that Nifty-NSE from India was in a warning area for the bulls and a larger correction was expected to take place. Over the next 12 months, Nifty lost 25% dropping from a...
The pound sterling was headed for the biggest drop in a year after it emerged that the ruling Conservative Party has fallen short of a general majority after UK Election (GE 2017), just 10 days before the...
Guppy sold off sharply upon testing the channel resistance on its 4-hour time frame and is now hovering around support. A bearish flag pattern can be seen so a continuation of the move could lead to a...
Many traders around the World keep picking the top in Indices and fail to capitalise on the trend which is to the upside. Recently, we did an article to explain World Indices could see another huge peak around...
The USD/JPY pair broke higher during the Friday session, as we clear the 110 level. Not only did we clear that level, but we also broke above the 110.50 level, where we should start to see some...
The US dollar fell precipitously against the Canadian dollar after initially being very stable during the day on Friday. This was in reaction to a much stronger than anticipated employment number coming out of Canada, and this...
The British pound fell apart during the session on Friday as we got word of the British parliamentary election results. The conservative party losing a few seats certainly did nothing to instill confidence in the British economy...
The EUR/USD pair fell initially during the day on Friday, but then bounced above the 1.12 level only to find a significant amount of selling pressure. That being the case, we dropped again and made a fresh...
The Australian dollar gapped lower at the open on Friday, and continued to grind sideways after that. We have filled the gap since then, so I think we can continue to go higher if given the opportunity....
