Don’t Let the Recent Rally Fool You, GBP/USD Still Remains Bearish As Long As It Stays Below the 50 Monthly SMA
GBP/USD turned quite bullish at the end of 2019, which gives the impression of a reversal, but larger charts still point down Full Article
Inflation seems to be stabilizing in the Eurozone at 1.3%, while in UK retail sales posted the worst run since 1996 Full Article
The UN has cautioned that continued trade tensions between the US and China or any rise in geopolitical tensions could stall economic Full Article
According to a recent Reuters poll, the slowdown in Eurozone's economy has likely bottomed out and the chances of the economy entering a Full Article
UK retail sales was another disappointing one and the GBP has tumbled on prospects of the BOE cutting rates this month Full Article
USD/CAD has retraced higher but the retrace seems complete on the daily chart now Full Article
New Active Signal
The U.S. stock indexes charged into record highs again as sentiment was buoyed by upbeat economic data. The Dow Jones Industrial Average jum Full Article
Close on the heels of the signing of the US-China phase one trade deal, the US Senate passed the revised USMCA trade agreement on Thursday, Full Article
Retail Sales (MoM) (UK)
Retail sales have been expected to decline every month this year, but they have only come in negativ... Full Article
A recent Reuters poll reveals that the Bank of England (BOE) is expected to keep interest rates steady at its upcoming monetary policy Full Article
The technical side of the market hasn't changed much as gold price continues to move in a narrow trading range of 1,557 to 1,549... Full Article
The Sterling is trading steady against the US dollar, holding just above the 1.30 level as traders adopt a wait and watch approach towards Full Article
On Friday, the dollar grew as U.S. data advised the world's biggest market kept a steady growth movement at the end of 2019, touching an... Full Article
The US dollar continues to trade strong early on Friday after making gains on the back of strong economic data releases in the previous Full Article
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If you want to trade Bitcoin, it’s best to use a product such as a CFD... More
There are a few good options: a great source can be your Forex trading platform. Some online trading platforms... More
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What are the most commonly traded pair? It seems like the euro-dollar and pound-dollar are pretty popular.
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