EURUSD Overview, April 16

The EURUSD pair revolves without course around the 1.13 handle. The pair is trading inside a familiar range, between 1.1290 and 1.1320. On its way up, it broke above the 200 SMA. Meanwhile, optimisam in the US-China trade talks keep on driving the more extensive sentiment in the global markets,…

GBPUSD Overview, April 10

Cable moves higher through the early European session on Wednesday. The GBPUSD pair recouped traction after yesterday’s two-way price swings.The pair lost some extra ground after the EU’s chief negotiator for Brexit, Michel Barnier, emphasized that Brexit withdrawal agreement won’t be revived. The GBP got an extra boost following the series…

EURUSD Forecast, April 9

The single currency is holding up well regardless US-EU trade dispute/the tariffs war. EURUSD sentiment stays quietly optimistic after the ascent yesterday above the key hourly MA. That implies the near term bias in the pair is presently more bullish however there is some resistance around 1.1270. Those aren’t…