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US Dollar Rip, Dip, Rip Around CPI: EUR/USD, USD/CAD
2021-05-12 16:45:00
EUR/USD Rally Stalls Ahead of February High Even as ECB Slows PEPP
2021-05-12 14:00:00
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Oil Price Stuck in May Opening Range After Failing to Test March High
2021-05-13 14:00:00
Crude Oil Prices at Risk if US PPI Data Echoes the Consumer Inflation Beat
2021-05-13 06:00:00
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How to Research Stocks: A Step by Step Guide
2021-05-14 02:00:00
Dow Jones Analysis: Stocks Rebound From Recent Losses as Disney Earnings Disappoint
2021-05-13 20:30:00
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Gold Price Forecast: Progressing Towards Multi-Month Resistance - Levels for XAU/USD
2021-05-13 19:00:00
Is Gold a Good Inflation Hedge? - XAU/USD Rejected at Key Trendline, Focus on US PPI
2021-05-13 08:00:00
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Pound Technical Outlook: GBP/USD Testing Support, Trend
2021-05-13 12:30:00
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2021-05-12 06:13:00
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US Dollar Outlook: DXY Index Eyes Retail Sales Data, Yields
2021-05-13 22:30:00
US Dollar Rockets Higher as Inflation Spikes to 4.2% in April
2021-05-12 13:15:00
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  • Forex Update: As of 02:00, these are your best and worst performers based on the London trading schedule: 🇪🇺EUR: 0.05% 🇨🇭CHF: 0.03% 🇦🇺AUD: 0.02% 🇨🇦CAD: -0.04% 🇳🇿NZD: -0.08% 🇯🇵JPY: -0.12% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/8RjWgZnVuC
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  • The British Pound gained aggressively, placing the focus on levels that may send GBP/USD and GBP/JPY lower, with EUR/GBP still open to a turn higher. Will Sterling’s advance continue? Get your $GBP market update from @ddubrovskyFX here:https://t.co/PHoCHVc20M https://t.co/NKKwqiEESG
  • RT @FxWestwater: #Corn had quite the day, with a big limit-down drop after the USDA #WASDE report forecasted higher ending stocks. https://…
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  • The Dow Jones and S&P 500 outlook appears bleak in the near term as retail traders increase their upside exposure. At the same time, these indices confirmed bearish technical warning signs. Get your market update from @ddubrovskyFX here:https://t.co/fKCHELbOxo https://t.co/9C6i6IHqCr
  • USD/CHF May Reverse Downtrend if Falling Wedge Plays Out - #USDCHF chart https://t.co/6VXrYbCodi
  • The Euro's technical posture against the US Dollar, Japanese Yen and Australian Dollar shows potential for near-term directional shifts. Here are the EUR/USD, EUR/AUD and EUR/JPY levels to watch. Get your $EUR market update from @FxWestwater here:https://t.co/7rW8FGPBUt https://t.co/Lu6KAC3YzQ
GBPUSD Classic Technical Report 10.22.2012

GBPUSD Classic Technical Report 10.22.2012

Ilya Spivak, Head Strategist, APAC

Prices are once again rebounding from support at the 1.60 figure, a barrier reinforced by the 38.2% Fibonacci retracement at 1.5996. Initial falling trend line resistance lines up at 1.6166, with a break above that broadly exposing the 1.63 figure. Alternatively, a reversal through support targets the 50% retracement at 1.5899.

GBPUSD_Classic_Technical_Report_10.22.2012_body_Picture_5.png, GBPUSD Classic Technical Report 10.22.2012

Daily Chart - Created Using FXCM Marketscope 2.0

--- Written by Ilya Spivak, Currency Strategist for Dailyfx.com

To contact Ilya, e-mail ispivak@dailyfx.com. Follow Ilya on Twitter at @IlyaSpivak

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Gold Price Forecast: Progressing Towards Multi-Month Resistance - Levels for XAU/USD
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