It was another tough week for the shared currency, which fell against its American rival to a fresh multi-year low of 1.0777...
Topics in Depth
GBP/USD is trading around 1.2950, taking advantage of US weakness stemming from a downfall in Markit's Services PMI in the US. In Britain, the Manufacturing PMI exceeded estimates.
USD/JPY has fallen from 112 as coronavirus fears trigger safe-haven flows into the yen. Investors are shrugging off disappointing Japanese figures.
"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,
"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..."