Sterling higher on rate and Brexit Optimism
Hike now fully priced in
Tomorrow’s meeting of the Bank of England’s Monetary Policy Committee is in most trader’s
eyes certain to see a hike in...
GBPUSD – Waiting For Break Out From Flag Formation
Movement between broken triangular and resistance
GBPUSD broke the upper limit of the triangle in past week in which was moving from October 2016. Later...
EURCAD – Resistance Test 1.4950
EURCAD highest since November 2016
In mid-April EURCAD started from support at 1.4090 a rally that continues to this day (as we wrote in this...
USDCHF – crash through resistance at 0.9705 may be successful
USDCHF fell 140 pips after unsuccessful attempt of breaking out the resistance at 0.9810. This is already more than three weeks when the price hasn’t...
Employment Data Seals Rate Hike Deal
Headline fall overshadowed by rise in wages
The U.S. employment lottery took place on Friday and true to form the headline number which, after all,...
Rate Hike Drives Sterling Lower
Carney remains cautious on Brexit
It was only to be expected in an environment where just about every piece of data pointed to no change...
AUDCHF – Fighting At Resistance
On the daily chart of AUDCHF we can see that pair is near resistance area 0.7285. Earlier since beginning of May pair was in...
EURAUD – upward movement should be continued
EURAUD has been moving up since mid-July. The rebound occurred at 1.4480 area and it was another reaction of the price in this area. Currently...
AUDUSD – Break Above Resistance
On the H4 chart of AUDUSD we can see that last two candlesticks were dominated by bulls, appreciation was about 80 pips. 0.7614 resistance...
OIL In The Spotlight. Price On The November Highs
The prices for oil futures definitely grow on Monday. Crude WTI + 3.36%, oil BRENT + 1.54%. Investors' decisions are affected by the upcoming...