Friday’s Bullish Reversal in EUR/GBP Shows the Trend Might Be Changing
The rate of EUR to GBP has been declining for months, however it formed a support zone at 0.85 this year and in March, the support... Full Article
Remaining Bullish on EUR/GBP As EU Services Start to Expand Again
EUR/GBP has turned bullish this week as the Eurozone and German economy and particularly services give positive signals. Full Article
EUR to GBP Rate Steady in A 1-Cent Range After the EU CPI
The rate of EUR to GBP continues to consolidate in a 1 cent range as BOE and ECB are keeping EUR/GBP bouncing between 0.65 and 0.66. Full Article
EUR to GBP Breaks Higher Despite the Beat in Retail Sales
The rate of EUR to GBP has been falling, but yesterday we saw a decent jump after the BOE, breaking the recent downtrend in EUR/GBP Full Article
The 0.85 Support Holds for EUR/GBP After Eurozone CPI Inflation
The larger picture of EUR/GBP continues to show a bearish trend, as highs keep getting lower. However, the support zone at 0.85 is holding Full Article
Forex Signals Brief March 18: A Plethora of Central Banks Meetings
This week we have five central bank meetings, which will induce plenty of volatility in financial markets Full Article
Signs of Weakness in EUR/USD As ECB Signals Rate Cuts
The Euro to Dollar rate was on a steady uptrend for a month, gaining almost 3 cents. But, it is showing weakness as ECB rate cut comments... Full Article
EUR/GBP Tests the 0.85 Support As DAX30 Approaches 18,000
The euro to pound rate has been stuck in a 100 pip range so far in 2024, but it seems like we're going to see a bearish break, as EUR/GBP... Full Article
The Euro to Pound Rate Keeps Consolidating in A Range
This month the Euro to Pound rate has been steady, but MAs are still acting as resistance where we decided to sell EUR?GBP yesterday Full Article
Forex Signals Brief Feb 27: in Anticipation of US Durable Goods Orders
Today durable goods orders are expected at -4.7% while core orders are expected to show a 0.2% increase Full Article
EUR/USD Forecast Points to 1.05, As ECB Rhetoric Shifts to Rate Cuts
EUR/USD has been declining as the FED tilts slightly hawkish while the ECB turns dovish so 1.05 will be the major target for EUR/USD sellers Full Article
USD Dips After the Lower US CPI Inflation Revisions
Today we had the CPI revisions with the headline inflation number adjusted lower for December, and the initial reaction has led to a decline Full Article
US Job Market Remains Solid, the US Real Estate Sector Not So Much
The job market in the US remains one of the strongest sectors, but real estate seems to be in trouble as Yellen confirmed Full Article
A BOE Rate Cut Signal Would Send the GBP Crashing Down
The Bank of England will hold its meeting shortly, which will close the central bank fiasco of the last two weeks. Full Article
Higher EU Q4 GDP Prompts Bullish EUR/GBP, But Sellers Return
EUR/GBP has followed a constant bearish since it reversed lower in the last few days of 2023, losing nearly 200 pips in the process. Full Article
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