Tag Archives: GBP/USD
Daily FX Update
CAD is outperforming ahead of its Q2 GDP release, JPY and AUD are weak, and most of the remaining G10
FX Daily Majors
Today’s highlights: EURJPY is attempting to break its medium-term uptrend at 136.57.
Daily Technical Report
EUR/USD remains weak as can be seen by thefailure to break the hourly resistance at 1.3220(25/08/2014 high).
The Global Macro Pulse
The USD was broadly stable against majors. EURUSD and USDJPY held steady at 1.318 and 103.73 respectively.
Daily Market Technicals
The $1.3220 level basically confirmed its significance with the EUR/USD trading above by a pip before correcting back
GBP/USD Analysis
The pair closed in NY Thursday at $1.6588 after rate pulled back from an extended recovery to $1.6615 to
FX Majors Trading Strategies
EUR/USD: Range trading is likely to continue; fade a 40-50 pip move in either direction with a close stops. Buyers will be seen on any move below 1.3150 and sellers will be lined up above 1.3250.
Daily FX Update
A significant escalation in geopolitical risks in Ukraine is weighing heavily on markets into the NA open.
Daily Technical Report
EUR/USD was able to bounce of 2014 lows at1.3153 yet buying pressure is thin.
The Global Macro Pulse
The USD gave back some of its recent gains against the majors today.AUDUSD rose to 0.9359,
GBPUSD – wave-4 rally to 1.6690 can set stage for move to new lows
The break of the up channel in August confirmed a major turn lower as 5-waves up of
Daily Market Technicals
EUR/USD has finally managed something of a bounce from fresh 2014 and 11 month lows with minor layers of