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EUR/USD
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EUR/USD Rallying Towards a Multi-Week High, ECB And Bundesbank May Clash
2020-05-26 14:00:00
US Dollar Shorts Slashed, GBP/USD & EUR/USD Shorts Pick-Up - COT Report
2020-05-26 10:20:00
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Crude Oil Prices May Be Plotting a Return to $40/Barrel WTI
2020-05-25 06:00:00
Crude Oil Weekly Outlook: Rally Runs Into Resistance as Risk-On Appetite Stalls
2020-05-24 00:00:00
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Stock Market Forecast: Should I Sell in May and Go Away?
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Dow Jones Index Remains at Multi-Month High Following Consumer Confidence
2020-05-26 14:30:00
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Gold Price Remains Constrained, Risk-On Rally Stalls Upside Progress
2020-05-26 11:00:00
Gold Prices Echo US Dollar Drop as Market Mood Improves
2020-05-26 06:30:00
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US Dollar Shorts Slashed, GBP/USD & EUR/USD Shorts Pick-Up - COT Report
2020-05-26 10:20:00
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2020-05-26 08:00:00
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Yen Sank Despite US-China Hong Kong Tensions, USD/JPY May Fall
2020-05-26 23:00:00
Weekly Technical US Dollar Forecast: Coiling Continues - Watch These DXY Index Levels
2020-05-25 12:30:00
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GBP/USD First 6 Day Rally Since December 2013

GBP/USD First 6 Day Rally Since December 2013

2015-04-28 17:55:00
Jamie Saettele, CMT, Sr. Technical Strategist
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GBP/USD First 6 Day Rally Since December 2013

Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0

Automate trades with Mirror Trader and see ideas on other USD crosses

-“The sharp turn higher (and weekly reversal) is promising for longer term bottoming prospects, especially in light of the mentioned divergence.”

-GBPUSD is made good on its divergence and RSI is nearing 70 for the first time since the top last July. Resistance is possible just above the current level (February congestion) and be on the lookout for support in the 1.4950-1.5030 zone as part of a larger bottoming process.

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