Forex Trading Online
Resistance at 1.6850 (multi-top) and break above would ease downward pressure The bearish turnaround of the daily oscillator should cap the rallies in the coming days. A daily close below the 1.6515, early February low […]
Brent crude oil ended the Monday session with no significant moves but strengthened on Tuesday; price closed above 20MA. We would be concerned if the price could not push and hold above 64$ coincides with […]
We are taking profit on our short EURUSD trade entered on February 05 at 1.1435 targeting a move to the neckline 1.1300/1.1270. We continue to forecast EURUSD to range within the range of 1.1200-1.1515 in […]
MPC holds rates, but focus on the inflation report. The outcome of the Monetary Policy Committee (MPC) later today, will be eyed. With the Brexit uncertainty and shrinking Global economic growth, it is clear to […]
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