by SignalsFactory Staff | May 18, 2022 | Uncategorized
GBP/USD has lost its traction early Wednesday and erased a large portion of Tuesday’s impressive gains. The pair trades below the key 1.2400 level and additional losses could be witnessed in case this level is confirmed as resistance. The data published by the...
by SignalsFactory Staff | May 17, 2022 | Uncategorized
US Monthly Retail Sales OverviewTuesday’s US economic docket highlights the release of monthly Retail Sales figures for April, scheduled later during the early North American session at 12:30 GMT. The headline sales are estimated to have risen by a...
by SignalsFactory Staff | May 13, 2022 | Uncategorized
EUR/USD has reversed its direction and climbed above 1.0400 following Thursday’s sharp drop. The pair remains at the mercy of the dollar’s market valuation and it could extend its correction in case risk flows dominate the markets ahead of the...
by SignalsFactory Staff | May 11, 2022 | Blogs
GBP/USD has gathered recovery momentum early Wednesday after having tested 1.2300 on Tuesday. The technical picture in the short term points to a bullish tilt but the dollar’s market valuation is likely to continue to drive the pair’s action. Despite the...
by SignalsFactory Staff | May 11, 2022 | Blogs
Gold Price is meandering near three-month lows, extending its selling spiral so far this week, as the haven demand for the US dollar remains unabated. Despite the latest downtick in the dollar, the ongoing bullish momentum remains intact amid looming global growth and...