This article will analyze the possible scenarios for the EU, and what's more important, look at the charts. There is a lot to see, let's go!
GBP/USD: pound is overbought
2019-11-11 • Updated
Technical levels: support – 1.3200; resistance – 1.3270
- Sell — 1.3260/70; SL — 1.3290; TP1 — 1.3200; TP2 — 1.3160.
Reason: expanding bullish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen but narrow channel Tenkan-Kijun; the market made a new 2M-highs and overbought.
The year started only a couple of weeks ago, but we already have a lot of fascinating movements in various trading instruments. To help you in trading, we choose several forex pairs that may surprise you and plunge greatly in a short period.
The performance of the British pound against other majors has grabbed a lot of attention during the last couple of weeks.
Walmart is one of the biggest retail corporations in the US, with $244 billion in total assets. Does it worth buying amid rising prices and supply concerns that shatter the world economy?
Japan's inflation is set to reach 2% in April's reading, for the first time since 2015. But what about the weaker Yen?!
Last week brought a selloff in markets. Some assets reached the most crucial support levels and are likely to reverse in a short term. Be ahead of trends and make the most out of this week!