Trade scenarios for EUR/USD, GBP/USD and USD/CAD based on key option levels.
Tag - gbp
On the GBP/USD daily chart, there is a formation of the "Splash and ledge" pattern on the basis of 1-2-3…
The price is consolidating under the Moving Averages. Therefore, the pair is likely going to achieve a support at 1.2347 – 1.2334.
Narrowing bullish Ichimoku Cloud with falling Senkou Span A; a new correctional dead cross of Tenkan-sen and Kijun-sen; the prices are on the strong support of Senkou Span B.
As the official Brexit process is finally underway, market awaits a formal response form the EU on the terms of its separation with the UK…
The last “Triangle” has been broken, so bears found a support at 1.2376. At the same time, we’ve got a “V-Bottom”, so the pair is likely going to test the 89 Moving Average.
US yields moved higher on Monday as increased geopolitical risks pushed investors to favor safe-haven assets…
Trade scenarios for EUR/USD, GBP/USD and USD/JPY based on key option levels.
GBP/CAD falling inside minor impulse wave 3 Next sell target - 1…
The British pound slipped to 1…
Trade scenarios for EUR/USD, GBP/USD and USD/JPY based on key option levels.
The 34 MA is acting as a support. Also, we’ve got a “Triangle”, so we should keep an eye on a resistance at 1.2547 as an intraday target.