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 10, 2022 | Uncategorized
GBP/USD has been fluctuating in a relatively tight range above 1.2300 so far on Tuesday after having closed the first day of the week virtually unchanged. The British pound is struggling to capitalize on risk flows, suggesting that the pair stays vulnerable with the...
by SignalsFactory Staff | Apr 28, 2022 | Uncategorized
Gold Price is attempting a recovery from two-month lows of $1,872, heading back towards the $1,900 threshold. Investors resort to profit-taking in their US dollar long positions following the latest upsurge while progressing towards critical Americaโs Q1 preliminary...
by SignalsFactory Staff | Apr 27, 2022 | Uncategorized
GBPUSDย resumed the downtrend after a short stop near the local low of September 2020 at 1.2675/1.2720. As a result, the medium-term trend continued, and the pound lost nearly 500 points in just 72 hours. The RSI is moving close to a historic low of 12.78 on H4. The...
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