Pound Sterling (GBP)

GBPJPY(pound) stuck sideways The GBPJPY(pound) failed to revive itself after the early April sell-off when the pair lost over 500 pips. Prices are probing the 190.00 level in the hope that they can shake off the prolonged sideways…
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GBPUSD managed to close from the target and resistance zone of 1.3435 again today. If prices fail to break above the resistance of 1.3435 this could lead to a correction toward 1.3290 or 1.3200-20. Above 1.3435 this could set a new…
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S&P500(SPX) attempts to hold on The S&P500(SPX) saw another fall from grace as prices attempt to hang onto the recent high. With bulls hoping for another run, sentiment could follow if prices can stay afloat at 5200. The slow,…
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GBPUSD managed to break above resistance 1.3265 which managed to push market for farther advance and closing from second resistance 1.3435 as we advised last week If market failed to break above this resistance 1.3435 this may lead for…
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Dax (GER 40) continues the recovery The Dax (GER 40) made more gains since the early April sell-off as the index kept on pushing higher. The break above 21000 suggests that bulls maintain control of the price action. The psychological…
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GBPUSD tested the resistance zone 1.3265 today which could push for another drop correction. Above 1.3305 the market could add more advance with the second resistance of 1.3435 could push for a drop with prices. Above 1.3435 more advance…
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Dow Jones(US30) testing resistance The Dow Jones(US30) awaits further confirmation from the White House if rigorous tariffs will be imposed. The recent rebound gained traction above 40000 after falling towards 39100 in the past…
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Crude WTI (USOIL) hitting resistance Crude WTI (USOIL) falls into a consolidation after jumping over $5 in value. After hitting a high towards 62.50 in previous sessions, economists were sure that $65 a barrel would be hit in the next…
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GBPUSD closed from the resistance of 1.3265 and if prices hold below it, a drop toward 1.2560-1.2600 is still valid. Above 1.3265 more advance will be expected with the second resistance at 1.3435 could push for a drop toward 1.2850.…
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WTI(USOIL) remains bullish WTI(USOIL) gears up for another bounce higher as tariff tensions triggered a steep drop in oil prices. Cheap crude is beginning to boost demand, which has seen a turnaround in fortunes for the black gold. A new…
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