by SignalsFactory Staff | Jun 23, 2022 | Forex Analysis
GBPUSD has declined strongly in the early European meeting yet figured out how to recuperate unassumingly in the wake of having momentarily plunged beneath 1.2200. The close term specialized standpoint offers no reasonable directional hints except for the pair could...
by SignalsFactory Staff | Jun 20, 2022 | Forex Analysis
GBPUSD has edged marginally higher early Monday subsequent to having shut the third consecutive week in regrettable domain. The further developing gamble opinion assists the British pound with remaining strong against its opponents however the close term specialized...
by SignalsFactory Staff | Jun 17, 2022 | Forex Analysis
USDCAD has been confined within the 1.2859 – 1.2875 zone over the past three days, but its short-term outlook continues to look bright. Particularly, the MACD remains positively charged above its signal and zero lines, while the rising RSI has yet to reach its 70...
by SignalsFactory Staff | Jun 16, 2022 | Forex Analysis
FOMC hikes 75 basis points to a 1.75% upper target.Fed funds expected to be 3.4% at year end, up from 1.9%.Retail sales drop 0.3% in May, missing the 0.2% forecast.Atlanta Fed Q2 GDP estimate falls from 0.9% to 0%. “There is no sign I can see of a broader slowdown in...
by SignalsFactory Staff | Jun 15, 2022 | Forex Analysis
EUR/USD has recovered sharply toward 1.0500 early Wednesday.ECB will hold an emergency meeting at 09:00 GMT to discuss the fragmentation issue.EUR/USD needs to flip 1.0500 into support for an extended rebound. EUR/USD has gained traction in the early European session...
by SignalsFactory Staff | Jun 9, 2022 | Forex Analysis
AUDUSD has been underperforming over the last few sessions after it found a strong obstacle to surpass the 200-day simple moving average (SMA) and the 0.7200 round number. However, the 20- and 40-day SMAs are in the process to post a bullish crossover, while the MACD...