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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Fresh advance attempts again towards pivotal Tenkan-sen barrier
The pair was up around 50-pips in Asia / Europe on Wednesday, to pressure again key barrier at 107.47 (daily Tenkan-sen / Fibo 50% of 108.46/106.48 downleg), where the action in past two days was repeatedly capped.
The downside remains…
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Fresh strength attacks again key 1.10 resistance zone
The Euro stands at the front foot in European trading on Wednesday and jumps towards key barriers at 1.10 zone.
The action of past four days was congested between daily Tenkan-sen and Kijun-sen lines, with negative impact on four…
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Brexit pessimism keeps bears in control, extended corrective upticks to be capped under 1.2270/90…
Cable bounces new one-month low at 1.2195 (also Fibo 61.8% of 1.1958/1.2582) in early Wednesday’s trading, as traders take profits after strong fall on Tuesday and bears consolidate above key support.
Bears remain in control on rising…
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