Technicals on major support point to a rise in the GBP for now. We bought the market with SL at 1.2980and TP at 1.3140 as the…
The AUD/USD pair seems vulnerable and could further to lose steam despite a rather positive RBA outcome this morning. The Reserve Bank of Australia (RBA) left…
As the coronavirus continues to wreak havoc, a major decline in stocks markets could also push the DAX much lower and we’d like to sell below…
The Coronavirus in China intensifying we could see the AUD losing further momentum. A global slowdown would leave iron ore-rich Australia in a bad shape and…
Having failed to push higher the USD seems to be losing steam. Yesterday, the US Federal Reserve left rates unchanged as widely expected, claiming that the…
Despite our long term trade in the EURCAD we also like the current looks of the 1h chart and would short the pair now. We sold…
The sterling is not fairing well this morning with statements from EU chief negotiator Michel Barnier who warned the U.K. on Monday that the bloc will…
The EUR/CAD weekly chart suggests a further selloff here. Below the strategic support at 1.4455 the market could gain further momentum to the downside and accelerate…
With Brexit well underway and with everything more or less decided, there is not much uncertainty left in the markets. The question now is: Has the…
With a positive Brexit deal now the GBP is seemingly following with tailwinds. EURGBP to tumble lower again especially ahead of the ECB Interest Rate meeting…
