EURUSD Overview, April 4

The reestablished bid tone around the EUR stays unaltered in the second half of the week, propelling the EURUSD pair to broaden the rebound from lows in sub-1.12 dimensions on Tuesday. Spot is progressing for the second session in succession on today. Optimistic news around the US-China trade negotiations and…

GBPUSD Forecast, April 2

Sellers are in near term control subsequent to having rejected an overnight move to the upside to test the 200-hour moving average. Since the UK parliament failed to settle on a majority option in indicative votes, that fact cemented a move lower from there on. Price currently is moving…

EURUSD Forecast: Focus on EMU data

The EURUSD pair started the week off the lows, getting away from the chasm of 1.12. The pair clutches its little gains and tests highs near 1.1245. After four successive daily pullbacks, the pair is presently hinting at some signs of life. The essential driver to the upside is Chinese data. Better…

GBPUSD tumbles to a low of 1.3025

The GBP is making a speedy outing lower on the day and is set out toward a test of the key 1.30 psychological mark now subsequent to breaking beneath overnight lows. It’s all about the Brexit vote later. Also market participants  await UK macro data – the release of final GDP…

EURUSD Forecast, March 27

The EURUSD pair proceeds with its descending float after ECB President Draghi said risks are tilted to the downside, rehashing known messages. Sellers are in near term control and price looks to be set out toward a further move lower at this point before things show signs of improvement….