GBP/USD now broken above key resistance level
In a post last week on the GBP/USD I suggested that a break beyond the key resistance level in the 1.5600 region could provide the […]
forex charts
GBP/JPY preparing to break higher and test resistance above
With the rush to the Japanese yen now appearing to have run out of steam, it’s a good time to be taking a closer look […]
Cable now delicately poised at key resistance level
Another day of bullish momentum for cable, which surged higher on sustained US dollar weakness, and ending yesterday’s forex trading session with a wide spread […]
Aussie dollar reaching potential reversal?
The weekly chart for the Aussie dollar makes for some interesting reading right now, following the extended phase of bearish momentum which has seen the […]
Euro dollar bulls return in force!
With the Eurozone apparently having consigned the recent crisis in Cyprus to the ‘old news’ drawer in the filing cabinet, the Euro is picking up […]
Price prediction for the USD/JPY
The USD/JPY continued to climb higher once again today to currently trade at 83.63, building on yesterday’s bullish price action, which saw the pair breach […]
Bullish momentum on the daily GBP/AUD chart
The GBP/AUD delivered a classic set up on the daily chart following several weeks of sideways with the pair finally breaking out from a narrow […]