0.0 00 Looks like the euro is continue to inch higher. Soft US economic data is casting a cloud over whether Federal Reserve will hike rates anytime soon. This is weakening the US Dollar across the …
Read More »Daily Video: GBP/USD—Buyers Have Cleared the February Top
0.0 00 The GBP/USD has been moving higher. The Sterling has now touched on four month highs and cleared the February top. The Pound is being buoyed by the UK election results. Near term resistance is …
Read More »Daily Video: GBP/USD—The Sterling is Challenging the May 2014 Highs
0.0 00 The Sterling is now testing highs achieved back in May of 2014. The election results have all but supported the Pound across the board. The GBP/USD is trading in a cluster resistance area from …
Read More »Video: The EUR/USD Moves Higher then Stalls Above 1.13
0.0 00 The EUR/USD has been moving higher and has now taken a breather and is trading back below 1.13. There is near term resistance at 1.1360 with a daily close above that challenging 1.1450. A …
Read More »Video: GBP/JPY – The Sterling Loses Ground
0.0 00 The GBP/JPY has lost some ground falling below the short term raising trend line. The Sterling is now digesting losses. A daily close below the technical support at 180.95 will challenge the technical support …
Read More »Daily Video: GBP/USD—Sellers Taking Aim at 1.50
0.0 00 The GBP/USD has taken a turn south. The Sterling moved lower after the formation of a Bearish Dark Cloud candlestick. A break below the near term support at 1.5120, and daily close, challenges the …
Read More »Daily Video: GBP/USD—The Sterling Stalls below the Pivot at ¥184 and Goes South
0.0 00 The Sterling has fallen against its Japanese Yen counterpart. The GBP/JPY saw its bullish streak come to an end after hitting its highest price in two months. We note near term resistance at 184.02. …
Read More »Daily Video: EUR/GBP—Getting Ready for the Euro to Bounce Higher
0.0 00 After forming a bullish piercing line candlestick the EUR/GBP could be getting ready for a bounce higher. We have near term resistance at 0.7221. This is also a former support level. A break above …
Read More »Daily Video: GBP/USD—The Sterling Continues to Shoot Higher
0.0 00 Despite a weaker than expected gross domestic product number (GDP), the Sterling continues to grind higher against is US Dollar counterpart. Buyers are now focusing on the technical resistance level at 1.5340. A daily …
Read More »Daily Video: EUR/USD Moves Higher, is 1.13 in Focus?
0.0 00 The Euro has been recovering against its US Dollar counterpart putting some eyes on a key technical resistance a bit higher up at 1.13. This is a very important resistance to take on. A …
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