The GBP/USD pair fell during the session to get below the 1.60 level at the close. This is a relatively negative expression on this pair, but the truth is we still haven’t broken down below the lowest...
Better than expected US jobs data resulted in appreciation of the greenback against most of the FX majors. The Dollar has appreciated across the basket, wherein the Cable fell by more than 90 pips, the Euro by...
GBPUSD remains in the downward movement from 1.6309. Further decline is still possible, and the target would be at 1.5800 area. However, the fall would possibly be consolidation of the longer term uptrend from 1.5268, one more...
The GBP/USD pair fell precipitously during the Friday session after forming a perfect shooting star on Thursday. This was a classic technical analysis set up that had you watched our videos yesterday, you would have seen. This...
The Dollar Index is currently trading flat at 80.15 ranges, near to the upper range of the range bound pattern formed during past couple of weeks; DX is still range bound between 80.40 and 79.00.
The GBP/USD pair rallied during most of the session on Thursday, but failed to close higher, and actually lost a little bit towards the end of the session. By the end of the day, we had a...
Dollar Index traded weak after hitting the short term resistance of 80.40. The Dollar Index is currently trading flat at 80.02 ranges, near to the upper range of the range bound pattern observed since couple of weeks;...
The GBP/USD pair rose strongly during the session on Wednesday as the bulls continue to take over. This market has been a favorite of ours, and we continue to hold long positions at it. It appears that...
The USD traded weak against most of the FX majors on the event of lack luster trading yesterday. The Dollar Index is trading at 80.00, near the upper boundary of the range bound trading pattern observed since...
The GBP/USD pair fell during the balance of the Tuesday session, but got a significant bounce from the 1.60 handle in order to form a wicked looking hammer. This has been a very bullish market in the...
