USD/CHF, after short term move downside we can see some upside move as is coming into play for buyers. Buy on the on the Pullback of the Zone.
NZDJPY: Looking for a Bearish continuation once price break & close below $84.41 support area
Technical Analysis 1-Offers area in 15 min and 5 min 2-Bearish structure 3-Momentum bearish 4-Level 78% Fibonacci
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GBP/USD: A drop to 1.2200 remains on the cards – UOB In opinion of FX Strategists at UOB Group Lee Sue Ann and Quek Ser Leang, cable still risks a deeper pullback to the 1.2200 neighbourhood. Key Quotes 24-hour view: “Yesterday, we highlighted that ‘the weakness in GBP appears to have stabilized somewhat’ and ‘GBP is unlikely to weaken much further’. We expected...
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GBP/USD traders getting set for NFP, the straw to break the camel's back GBP/USD down looking into the abyss on strong USD. US NFP is now the key event that could be the icing on the cake. At 1.2365, the pound is flat vs. the US dollar but remains in highly bearish territory having collapsed below vital daily support on Thursday. GBP/USD fell from a high of...
GBPUSD collapsed by 1.9% or more than 230 pips to 1.2380 from the start of the day on Thursday, with pressure intensifying after the Bank of England’s bank rate decision announcement. As analysts had expected, the Bank of England raised the rate by 25 points to 1.0%. Three of the nine monetary policy committee members called for a 50-point increase at once, and...
Gold Price Forecast: XAU/USD sees a reversal to near $1,860 amid anxiety over Fed’s rate hike Gold prices have displayed exhaustion in the downtrend as the RSI (14) showed a bullish divergence. The anxiety over the interest rate decision by the Fed has paused the Fx domain. The US labor market sees 400k additions in April. Gold Price (XAU/USD) is hovering around...
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GBPUSD gives it another go to the upside and above it's 100 hour MA It is trying a break of the 100 hour MA again The GBP/USD reached the lowest level since July 2020 last week at 1.2410 and moved higher on Friday. That move took the price above its 100 hour moving average for the first time since April 22. However momentum could not be sustained,and yesterday...
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