US stocks are higher and yields are lower. The USD is mixed. |
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The GBPUSD tests the 50% midpoint of the move up from the April low and swing area down to 1.28449
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2024-10-25
For the week, the low was on Monday. Up and down price action through the BOC rate cut, but the corrective probing was modest with a floor at 1.3813 now.
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2024-10-24
The swing area base from earlier this week is holding support.
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2024-08-28
If you are tempted to buy, make sure you have a stop as trends are fast, directional and tend to go farther than what traders expect
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2024-08-26
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2024-08-26
The USD is continuing its run lower to start the new trading week. The USDJPY and USDCHF are two pairs leading the way. What are the technical saying for these two currency pairs.
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