GBPUSD continues the chop after the sharp run higher yesterday.

38.2% retracement holds support. The high from yesterday stalls the rally. The GBPUSD accelerated higher yesterday after the Scottish election results over the weekend. The pair moved...

Wave analysis for XAU/USD on May 11, 2021

XAU/USD, H4 time frame:The XAU/USD pair forms an impulse wave in the long term, which consists of five components – sub-waves ----. Looking...

Fed's Daly: Was not disappointed in the April jobs report. Expected volatility

Yahoo intereview with Fed's Daly Meanwhile, McDonald's franchisees are blaming hiring challenges unemployment benefits, and warned that inflationary time bomb will force them to...

EUR/USD Trading Plan for 10 May

EUR/USD pushes higher and advances to new highs near 1.2180.The weakness around the dollar props up the upside in spot.Yields of the German...

The ECB meeting will focus attention on the financial markets

Despite being in earning’s season in both Europe and the United States, during today's trading session, investors will focus on the European Central...

US wholesale inventories for March (F) 1.3% versus 1.4% preliminary

US wholesale inventories for March 2021 - Wholesale inventories for March (F) 1.3% versus 1.4% estimate. The preliminary report came at 1.4%. February inventories rose...

Short-term trading plan for XRP/USD

XRP/USD is forming a triangle pattern in the short-term and traders could take advantage of the break out if and when it happens...

The dollar index falls while waiting for employment data

As with every first Friday of the month, in today's session we will know the employment data of the United States known as...

AUDUSD trades to the highest level since March 18

Swing highs from March at 0.78375 to 0.7848 are targeted now The AUDUSD is at a new high going back to March. The swing highs in...

May 7, 2021 : EUR/USD Intraday technical analysis and trade recommendations.

Recently, failing to apply sufficient bearish pressure around 1.2000, has allowed more bullish movement to pursue towards higher price levels ( 1.2100 -...
20,125FansLike
67,902FollowersFollow
14,700SubscribersSubscribe
USD - United States Dollar
EUR
1.21
GBP
1.41
CHF
1.10
NOK
0.12
JPY
0.01
CAD
0.82
AUD
0.77