Are we just bouncing off walls here? It seems like we might be... Other convincing ideas here () suggest this is the end of a regression at the .618 fib following the bullish run from the start of 2017. I like it either way you cut it.
However we look, after quite a predictable and profitable short position before the heavy sell-offs yesterday we find the market...
Looking back to April the recent rise is representative of the rally period and value, this coincides with a resistance level formed (below the 114 seen in the past six months) in the last few days and it triggers a breakout.
Fundamental analysis: Yields are high and equities are still rising, the Yen takes a kicking in these circumstances and continues to be...
There has been a 12 month uptrend in the GBPUSD. Fundamental analysis suggests strong Sterling recovery against the backdrop of a resilient service-sector biased economy.
Since September 2013 the rise has been constrained in a relatively firm channel. That said, July has been a month of cascading prices. Many attribute this to a number of negative reports. ...
