GBPUSD ANALYSIS : GBPUSD rebounds from its lowest level since July 2020, back above mid-1.2500s
GBPUSD ANALYSIS : GBPUSD rebounds from its lowest level since July 2020, back above mid-1.2500s GBP/USD staged modest intraday recovery from sub-1.2500 levels or the fresh YTD low. The risk-on impulse acted as a headwind for the safe-haven USD and extended support. Investors now look forward to the Advance US Q1 GDP report for a […]
EURUSD UPDATE 23 MARCH : EURUSD drops back below 1.1000 as the push and pull continues
EURUSD UPDATE 23 MARCH : EURUSD drops back below 1.1000 as the push and pull continues The dollar keeps slightly firmer on the day EURUSD UPDATE : The drop comes as sellers defend the 100-hour moving average (red line) over the past few sessions, with the latest shove lower taking out both the 200-hour moving […]
USDCAD SIGNAL 22-03-2022 : USDCAD made a new low going back to Jan 26 yesterday but found support and bounced
USDCAD SIGNAL 22-03-2022 : USDCAD made a new low going back to Jan 26 yesterday but found support and bounced The swing area between 1.2558 to 1.25696 held support USDCAD SIGNAL : The USDCAD traded above and below its 200 day moving average yesterday. That moving average comes in at 1.26081 (lower green line) , […]