We have been highlighting the longer-term rising wedge pattern in the USD Index (cfd) as a harbinger of weakness in previous posts, and this…
The USD registered its biggest weekly drop in 16 months and registered losses against all of its G-10 peers. The dovish FED meeting saw…
Looking at the daily chart of the GBPJPY , a 5 wave decline looks to be complete and we maintain a bullish bias vs the…
Bank of England leaves rates unchanged , 9-0 vote, Cable sells off after announcement but buy the dip?
US drones ‘allegedly’ violated Iranian airspace, a claim that the US denies but the ongoing rhetoric lends support to Oil bulls. Technically WTI CFD has…
Cable and the Swissie are nearing key levels that could accentuate the USD decline but the EUR although bid, needs to play catch-up to Cable…
The Kiwi holds its bid and is looking to break above 0.6591 resistance at the time of writing. New Zealand’s economy expanded more than expected…
The USDJPY weakened in lockstep with the US 10Y Yield and hit 107.47, its lowest level since Jan 4th. Word from the grapevine suggests that…