GBP/USD Rebound to Face FOMC, BoE, NFP- Levels to Know

To receive Michael’s analysis directly via email, please SIGN UP HERE GBP/USD Daily Chart Technical Outlook:This week’s Technical Perspective highlighted a constructive bias in cable while above the 1.3020 confluence support zone as price continues to trade within this broad median-line formation. Heading into majorevent risk over the next 72 hours the focus is on […]

Japanese Yen May Extend Rebound as Risk Appetite Sours

Talking Points: Commodity currencies rise as energy, material shares boost ASX 200 Yen higher as Japanese shares decline, driving anti-risk capital flows European, US stock index futures hint at further risk aversion ahead The Australian, Canadian and New Zealand Dollars traded higher in Asian trade. The move tracked gains in Australia’s S&P/ASX 200 stock index. […]

Gold-Hindered-by-Dollar-ReboundtofOM_body_Picture_2

Gold Hindered by Dollar Rebound

Fundamental Forecast for Gold: Bearish Prime Minister May’s official letter to start the Brexit proceedings haven’t added to the Pound’s troubles Moving forward, focus remains on the UK’s separation through negotiation progress and friction Top scheduled event risk ahead for the Sterling includes BoE Governor’s speech, UK trade, PMIs Gold is suffering as a strong […]