Forex Analysis


Topics in Depth

GBP/USD is struggling as Britain veers away from the EU on trade

GBP/USD is trading around 1.30, on the back foot. The UK may break EU rules after Brexit, complicating the economic picture for UK industry. Last week's UK data continues weighing on sterling.

GBP/USD News

USD/JPY bounces from session lows confirming breakout on charts

USD/JPY is currently trading near 119.20, having found bids at 110.08 in early Asia. The bounce has confirmed a flag breakout on the 5-minute chart and opened the doors for 110.34. The bullish view would be invalidated if the spot finds acceptance below 110.15. 

USD/JPY News

Sponsor broker


Broker promotions





EURUSD FORECAST CHART

BITCOIN CHART

"A cycle is a recognizable price pattern or movement that occurs with regularity in a specific time period"

"Advisory Opinion, comprised of arguments and trade ideas which have been committed to publication and therefore have an influence on the trading public, are considered a sentiment indicator."

"Have you ever read news updates mentioning Elliott Wave yet you don’t have a clue what these mean for the Forex?"

"Support and Resistance Lines conform the most basic analytical tools and are commonly used as visual markers to trace levels where the price..."