May 20, 2020 11:37 am
GBP/USD held steady during late European trade on Wednesday, recouping part of earlier losses, but startling UK inflation data may still weigh on the Sterling, as it supports the prospect of negative interest rates being introduced by Bank of England to prop up the pandemic-ravished economy. Earlier Wednesday, the Office for National Statistics reported that […]
Read moreMay 20, 2020 7:03 am
EUR/GBP was on its way up for a retest of the seven-week high from May 18th during early European trade on Wednesday, after UK’s Office for National Statistics said annual consumer price inflation in the country had decelerated to its lowest level since August 2016. The general Consumer Price Index increased 0.8% in April from […]
Read moreMay 19, 2020 11:10 am
After advancing to a fresh multi-day high in early European trade on Tuesday on the back of improved risk appetite, GBP/USD gave back certain portion of gains later in the session, as downside risks such as the possibility of negative interest rates continued to pressure the Sterling. In a London School of Economics webinar late […]
Read moreMay 19, 2020 7:07 am
EUR/GBP came off recent seven-week highs during early European trade on Tuesday, following the latest string of employment data released from the United Kingdom. The Office for National Statistics said that the number of people who filed for unemployment benefits rose by 856,500 to 2.097 million in April due to the coronavirus pandemic, or the […]
Read moreMay 18, 2020 7:07 am
EUR/GBP remained in proximity to Friday’s seven-week high of 0.8959 during early European trade on Monday, as the prospect of negative interest rates still weighed on the Sterling. Such a move was not ruled out by Bank of England’s chief economist Andy Haldane. As of 7:06 GMT on Monday EUR/GBP was gaining 0.05% to trade […]
Read moreJuly 21, 2017 6:08 am
USD/CHF R1 – 0.9524 R2 – 0.9536 R3 (Range Resistance – Sell) – 0.9548 R4 (Long Breakout) – 0.9584 R5 (Breakout Target 1) – 0.9625 R6 (Breakout Target 2) – 0.9642 S1 – 0.9500 S2 – 0.9488 S3 (Range Support – Buy) – 0.9476 S4 (Short Breakout) – 0.9441 S5 (Breakout Target 1) – 0.9399 […]
Read moreJuly 18, 2017 6:17 am
USD/CHF R1 – 0.9632 R2 – 0.9638 R3 (Range Resistance – Sell) – 0.9644 R4 (Long Breakout) – 0.9662 R5 (Breakout Target 1) – 0.9683 R6 (Breakout Target 2) – 0.9692 S1 – 0.9620 S2 – 0.9614 S3 (Range Support – Buy) – 0.9608 S4 (Short Breakout) – 0.9590 S5 (Breakout Target 1) – 0.9569 […]
Read moreJuly 11, 2017 5:47 am
USD/CHF R1 – 0.9662 R2 – 0.9667 R3 (Range Resistance – Sell) – 0.9671 R4 (Long Breakout) – 0.9684 R5 (Breakout Target 1) – 0.9699 R6 (Breakout Target 2) – 0.9705 S1 – 0.9654 S2 – 0.9649 S3 (Range Support – Buy) – 0.9645 S4 (Short Breakout) – 0.9632 S5 (Breakout Target 1) – 0.9617 […]
Read moreJuly 7, 2017 5:57 am
USD/CHF R1 – 0.9611 R2 – 0.9616 R3 (Range Resistance – Sell) – 0.9622 R4 (Long Breakout) – 0.9639 R5 (Breakout Target 1) – 0.9658 R6 (Breakout Target 2) – 0.9666 S1 – 0.9599 S2 – 0.9594 S3 (Range Support – Buy) – 0.9588 S4 (Short Breakout) – 0.9571 S5 (Breakout Target 1) – 0.9552 […]
Read moreJuly 5, 2017 5:56 am
USD/CHF R1 – 0.9658 R2 – 0.9661 R3 (Range Resistance – Sell) – 0.9665 R4 (Long Breakout) – 0.9676 R5 (Breakout Target 1) – 0.9689 R6 (Breakout Target 2) – 0.9694 S1 – 0.9650 S2 – 0.9647 S3 (Range Support – Buy) – 0.9643 S4 (Short Breakout) – 0.9632 S5 (Breakout Target 1) – 0.9619 […]
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