Strong 200DMA barrier should ideally cap bounce
The cross bounces from new five-month low at 0.8694, posted after pound’s strong advance last Thu/Fri, on rising Brexit optimism.
Last week’s strong fall (2.1%) failed to close below cracked weekly cloud base (0.8724) that signals bears…
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Bulls are taking a breather after 3.6% rally and awaiting fresh signals from Brexit talks
Cable dips to 1.2555 in early European trading on Monday as traders booked some profits from past two days 3.6% advance, but remain cautious, as further advance could be expected on fresh positive Brexit news.
Renewed optimism for Brexit…
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Gold tumbles as positive signals from trade talks boost risk appetite
Spot gold is holding in red for the second straight day and fell to the lowest level in one week ($1479) on Friday.
Optimistic tones from top US/China trade negotiations, with good signals for possible solutions, prompted investors into…
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Fresh risk appetite drives the pair above 108 barrier
The pair extends advance above 108 barrier on Friday, fueled by fresh risk appetite on optimistic news from US/China trade talks.
Bulls eye key barriers at 108.47 (18/19 Sep double-top / 1 Oct spike high / near 50% retracement of larger…
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Cable surges above 1.2500 on fresh Brexit optimism
Cable broke above 1.2500 barrier in fresh acceleration on further optimism over Brexit deal after meeting of chief Brexit negotiators, following brief dip to 1.2407 on pessimistic comment from EU Tusk, who said that the deal may be…
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Sterling holds firm tone and on track for further gains on drastically improved sentiment
Cable maintains firm tone and holding near two-week high (1.2468) posted on Thursday’s 2% rally (the biggest one-day rally since mid-March).
Comments from Irish PM, following the meeting with his UK colleague that a deal could be reached…
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The yellow metal falls on optimistic tones from US/China trade talks
Spot gold price fell in early US trading on Thursday following latest news that China is willing to reach agreement with the US and prevent further escalation of trade conflict.
The yellow metal traded within the range above psychological…
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The cross rises to one-month high on fresh Euro’s advance
The cross hit new one-month high, as bulls probe above psychological 0.90 barrier (reinforced by double-Fibo barrier at 0.8991 & 1.9009).
Fresh advance was fueled EURUSD’s jump, sparked by renewed hopes for positive outcome of US/China…
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Initial bulish signal on probe above 1.10 pivots needs confirmation
Fresh bullish acceleration in early Europe on Thursday eventually broke above key 1.10 resistance zone, where upside attempts in past five days were repeatedly capped.
Renewed hopes for trade deal on US/China talks sparked rally…
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Bounce from key supports eyes UK data for fresh signals
Cable jumped in early European trading on Thursday, dragged by higher Euro on renewed hopes of US/China trade deal, after holding within tight range in Asia.
Wednesday’s strong upside rejection and close in red pointed to strong fears of…
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