Cable eyes key 1.3030-60 zone

GBPUSD, H1 Cable printed a fresh one-week high at 1.3034, putting in some more space from the two-month low seen last Thursday at 1.2866. Sterling...

USDJPY breaches 110.00 & Moves to Overbought

USDJPY, H1, H4 & Daily The Dollar bid continued across the board today with EURUSD under 1.1300, Cable briefly under 1.2900 before finding support and...

EURUSD Targets After the NFP

NFPs rose to 196K, compared to expectations of 180K and, given that hourly earnings decelerated to 3.2%, the EURUSD closed the hour at a...

Pound breaks last week’s band

Eurozone manufacturing PMI unexpectedly revised down to 47.6 in the final June number, from 47.8 in the preliminary reading. This means the manufacturing reading...
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FED Outlook and Dollar

EURUSD Optimism for a Fed rate cut "soon" soared last week after Friday's jobs report drastically undershot assumptions. Trade frictions also remained in focus with...

Pound under new pressure – Cable below 1.2900

GBPUSD, EURUSD and GBPJPY, H4 and Daily On August 2 I wrote: "Shifting attention to our Daily charts, we see that bullish picture is supported,...

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