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For the 24 hours to 23:00 GMT, the EUR rose 0.37% against the USD and closed at 1.1373. In economic news, the Euro-zone’s flash manufacturing PMI surprisingly rose to a level of 52.6 in June,...
Global sentiment was dealt a devastating blow during trading on Friday following the shocking Brexit victory that renewed a wave of uncertainty and soured investor appetite. With the Brexit now a...
The financial markets and spectators across the globe are in a complete state of shock following the unexpected outcome to the EU referendum, where the UK has voted to leave the European Union.Markets...
GBP/USDThe weekly chart shows us the historical record decline that took place in the pound-dollar exchange rate, and we find the price is currently trading at levels below the 113% Fibonacci located...
GBP/JPY Daily OutlookDaily Pivots: (S1) 154.60; (P) 156.39; (R1) 159.52; GBP/JPY's fall down trend resumed by diving sharply and reaches as low as 133.23 so far. Intraday bias is now on the downside...
AUD/USD fell quite strongly from 0.765 zone, where we labeled end of wave C), as part of a higher correction. We are now trading in the wave 2 corrective pullback with wave A potentially already over,...
The pound is plunging, equity futures are plunging, and US treasuries are soaring. Congratulations are due anyone who predicted this outcome.This is over. Leave wins. British Pound From top to bottom...
Financial markets woke to the shock news on Friday that the UK had voted to leave the European Union in yesterday’s historic referendum. The final results of the referendum count showed 51.9% of...
The EU Membership Referendum has officially been called. The United Kingdom has left the European Union.Live results compiled by Bloomberg:On the Betfair betting exchange, when nobody is no longer...
The USD/CAD is headed to break the 1.31 level as the Brexit outcome becomes a reality. Betting odds and investor sentiment were caught wrong footed as this time the polls were near the pulse of the...
The votes are in and the counting is well and truly under way in the UK’s referendum on EU membership. Early results are reflecting blue-collar (leave) sentiment while white collar voters are...
It’s Friday. They’re counting the votes… Quite clearly, the market liquidity is thin, very thin and while I was attempting to go through the analysis the whips and swings made life...
All of the action in both the Dollar Index (DXY) and Gold since early 2015 present investors with mirror images, as the USD carves out a potentially significant, distribution Top Formation and gold...
EURUSD buy climax so trading range The EUR/USD 240-minute Forex chart is rallying from a higher low major trend reversal. The current bar has a big tail, which means that the 5-minute chart is...
Currency traders are putting their bets on “Bremain” as the Australian and New Zealand dollar remain strong. Investors have clearly predicted the outcome of the vote of the United Kingdom...