EURGBP Reacts to Slope Resistance- Reversal Setup Targets Weekly Open
EURGBP has traded into resistance with a break below slope support to mark a correction in the pair. Here are the updated targets & invalidation levels that matter.
All About The Yuan
There are a lot of confusions around the Chinese currency given its role. It is important to define these terms.
USD/JPY Oversold, Retail FX Remains Net-Long Following Yellen
USD/JPY stands at risk for a further decline as the pair continues to carve a bearish pattern, while the RSI appears to be pushing into oversold territory.
USD Ready to Run, SPX Lay in Wait for Yellen
USD has been offered aggressively as rate hike expectations have been kicked lower by markets. The next two days will offer Ms. Yellen's response.
With the USDOLLAR at Key Support, is Yellen the Last Line of Defense?
The USDOLLAR Index continues to flirt with a major support region around 12035. Will Fed Chair Yellen make or break the greenback today?