Monday 27th April: Weekly Technical Outlook and Review
After a dominant showing off 1.2647 the week prior, shaped as a shooting star candlestick pattern, last week’s movement slipped to lows at 1.2247, led by an overall stronger dollar. GBP/USD now has eyes for support at 1.2200.
Friday 24th April: Technical Outlook and Review
Key risk events today: UK Retail Sales m/m; German IFO Business […]
Thursday 23rd April: Dollar Higher Ahead of US Unemployment Data
Key risk events today: Eurozone Flash Manufacturing/Services PMIs; UK Flash Manufacturing/Services […]
Wednesday 22nd April: The US Dollar Index Crosses 100.00 Signalling $ Strength
Key risk events today: UK Inflation; Canada Inflation. (Previous analysis as […]
Tuesday 21st April: Technical Outlook and Review
Key risk events today: RBA Monetary Policy Meeting Minutes; RBA Gov […]
Monday 20th April: Weekly Technical Outlook and Review
Price action, based on the weekly chart, remains linked with its 2016 yearly opening level at 1.0873. Skies above are reasonably blue; a run to the 2020 yearly opening level at 1.1222, shadowed by a Quasimodo resistance at 1.1239 is not out of the question.
Friday 17th April: Technical Outlook and Review.
Key risk events today: China GDP y/y; China Fixed Asset Investment […]
Thursday 16th April: All Eyes on US Unemployment Claims
Key risk events today: Australia Job’s Data; BoE Credit Conditions Survey; […]
Wednesday 15th April: Technical Outlook and Review.
Key risk events today: US Core Retail Sales m/m and Retail […]
