GBP/JPY’s rally resumed last week and surged to as high as 205.30, but retreated sharply since then. With 201.24 resistance turned support intact, initial bias remains neutral this week and further rally is still in favor. Break of 205.30 will target 61.8% projection of 184.35 to 199.96 from 197.47 at 207.11. However, firm break of […]
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TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Why we love this deal After a long, dreary winter, there’s Read more…
USD/CAD rises above downtrend line, key SMAs. But strong resistance and bearish SMA crossover limit upside. Momentum signals stay soft despite holding in bullish territory. USD/CAD is retesting the ceiling of a multi‑week consolidation that Read more…
GBP/USD rose during the previous session and is now correcting to 1.3403. The pound responded positively to the Bank of England’s decision to keep interest rates unchanged, with market attention focused on the regulator’s guidance Read more…