The erosion of important technical threshold at 68.50$ and the key moving averages 200MA and 50MA (Weekly) at 69.50$ and 70.50$ respectively are highly encouraging. Whereas the increase of the overbought daily RSI suggests, the […]
We were expecting some quiet optimism that we are heading for a long extension (June 30) as the probabilities of reaching a deal before the April 12 deadline becoming thinner and thinner. We expect a […]
We’re now into April European Central Bank monetary policy meeting this week by which time the ECB is unlikely to deliver a new theme. So, we’ve got a sense for how would come into April’s […]
One thing had dominated in the forex market headlines and FX price actions over the last week, and that is the March US payrolls report. However, before we delve into some of the details of […]
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