Sterling has seen its third consecutive session of gains last Friday, as a result of the weakening of the dollar and a MPC (Monetary Policy Committee) member, Kristin Forbes, voted to raise rate this month, despite Brexit uncertainty and risks on economy. GBP/USD hits a three-week high against the dollar this morning, testing the significant resistance level at 1…
Continue reading at FxPro Daily Forex Trading Brief »
Ah, the power of confluence!
We were watching this confluence of resistance on EUR/JPY on the blog mid last week and I wanted to bring it back up again:
Click on chart to see a larger view.
Here you can see the higher time frame confluence of resistance that I’m talking about on the daily chart…
Continue reading at Vantage FX Binary Options Trading News »
GBP saw its third consecutive session of gains last Friday because of an MPC (Monetary Policy Committee) member, Kristin Forbes, voting to raise rates this month despite Brexit uncertainty and risks to the economy. However, from a broader scope, the uncertainty associated with the Brexit procedure, until the final Brexit deal is done, and the turmoil over a second Scottish referendum, is likely to pose downside risks on the UK economy and GBP…
Continue reading at FxPro Daily Forex Trading News »
Since Bitcoin started gaining popularity in 2013, a number of other cryptocurrencies have surfaced, trying to take a bite out of this emerging market, valued in billions. Among the various digital currencies introduced, Ether has gradually solidified its status as the second-most popular cryptocurrency – and is still gaining popularity…
Continue reading at eToro Social Trading and Investment Network »
Latest Trading News:
The date to officially start the Brexit procedure was finally confirmed yesterday. UK Prime Minister, Theresa May, will trigger Article 50 of the Lisbon treaty on Wednesday March 29, starting the 2-year Brexit negotiation process with the EU. The timetable is in line with her plan to begin “divorc.... More »
USD/JPY hit the lowest level of 111.13 since November 23 this morning, breaking the short term major support line at 111.50. USD/JPY has turned bearish since March 15, saw its longest bearish streak since January. In the past week, USD/JPY has retraced about 3.14%. The plunge was caused by the weake.... More »
Do you want to know how to profit from Binary Options?
the videos at Banc De Binary. Trade Google, Amazon and Apple. Click here..
## End of Article