Forex Trading Online

EURGBP: Near-term consolidation remains between 0.8650-0.9000.

 EURGBP: Undoubtedly GBP was the star last week, rose 4.0% against EUR. GBP soars across the board following a hawkish tone by the Bank of England.MPC voted by a majority of 7-2 to maintain Bank […]

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Brent: Rally likely to pause at the upper end of the rising channel

Spotted with a triple top Parallel resistance seems at 56.50 Earlier double top seems at 57.30 Brent oil price consolidating near multi-months high. The recent oil price surge led by Hurricane Harvey impact on production. […]

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EURUSD: Support base rose to 1.1820 from 1.1660.

Last week’s price action appears downside risk and lack of economic events kept the EURUSD tad below 1.20. Undoubtedly GBP was the star last week. After last week’s US CPI data eyeballs are watching closely […]

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Banks forecast on September FOMC meeting.

Image source: iStock  FOMC meeting and quarterly Summary of Economic Projections, September 21.  Preview: We expect the committee will reveal the beginning of the balance sheet normalization. This is largely expected and price in by the […]

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