Forex

GBPUSD Retraces Gains Ahead of UK Employment Data

Yesterday, the British pound rallied against most of its major counterparts on news that Nigel Farage, leader of the UK…

Nov 12, 2019, 04:00 GMT

AUDNZD Bounces Off Support With More Upside Potential

AUDNZD has been trading around its highest levels since December 2018. It has recently retraced some of its gains providing…

Nov 12, 2019, 03:00 GMT

Commitment of Traders Report (COT): GBP Shorts Lower, AUD Longs Up

For the week ended November 5th, the CFTC Positioning Report, otherwise known as the Commitment of Traders (COT) reports a…

Nov 11, 2019, 14:52 GMT

NZDUSD Rebounds and Regains the 50-Day MA

NZDUSD adds 0.62% higher at 0.6363 on broad USD weakness. Electronic Card Retail Sales for October in New Zealand contracted…

Nov 11, 2019, 13:30 GMT

EURGBP Tanks As Nigel Farage Says He Won’t Contest Tory Seats

The EURGBP has fallen steeply on reports that Pro-Brexit politician and member of the EU Parliament Nigel Farage will not…

Nov 11, 2019, 13:08 GMT

GBPUSD Jumps by 72 pips, Nigel Farage Will Not Challenge Tories

The British Pound (GBPUSD) just added 72.5 pips in the last 20 minutes, as Nigel Farage, the leader for the…

Nov 11, 2019, 12:45 GMT

US Market Pre-open Update – Equity Futures Weaker

US indices futures point to weaker opening for the cash market after President Trump said that US hasn’t yet reached…

Nov 11, 2019, 12:34 GMT

USDSGD: Bulls Parade to Start Soon?

The daily and hourly charts of USDSGD seem to suggest that the currency pair may soon be headed towards 1.3700.…

Nov 11, 2019, 12:00 GMT

GBPUSD Finds Support At 1.2800 As UK Avoids A Recession

Third quarter GDP shows that the British economy grew by 0.3% following a 0.2% contraction from April to June 2019.…

Nov 11, 2019, 10:23 GMT

AUDUSD Double Bottom Still In Play?

The daily chart of AUDUSD reveals a double bottom with the currency pair bottoming out around 0.6690. Typically, a double…

Nov 11, 2019, 08:15 GMT