Trade scenarios for EUR/USD, GBP/USD and USD/CAD based on key option levels.
Tag - gbp
The price met a support at 1.2382, so the market is consolidating on the one-hour chart. Meanwhile, bears are likely going to continue pushing the pair even lower.
The euro suffered substantial losses overnight after we received softer than expected German and Spanish inflation releases…
Bulls found a resistance at 1.2438, so the price is consolidating. In this case, the pair is likely going to test the nearest support.
Trade scenarios for EUR/USD and GBP/USD based on key option levels.
The UK has finally filed its divorce papers yesterday…
Article 50 trigger – formal notification of Britain’s intentions to leave the European Union – is a story of the day…
The last “Double Top” pushed the price to a support at 1.2382. At the same time, bears are likely going to test the next support at 1.2347 – 1.2323 in the short term.
On the GBP/USD daily chart, the bulls failed to consolidate above the 1…
US dollar rose rejuvenated from its ashes to live another bullish cycle…
Bullish Ichimoku Cloud; Tenkan-sen and Kijun-sen on the correctional movement; the prices are entered into the Cloud.
Trade scenarios for EUR/USD, GBP/USD and USD/CAD based on key option levels