FX Weekly: DXY 111.00's Decides the Week
DXY from the 110.67 close faces massive resistance throughout 111.00’s from 111.04, 111.19, 111.66 and 112.10. Above 112.10 targets middle 113.00’s then short. Failure to break...
Symbol | Exchange | Currency |
|---|
DXY from the 110.67 close faces massive resistance throughout 111.00’s from 111.04, 111.19, 111.66 and 112.10. Above 112.10 targets middle 113.00’s then short. Failure to break...
The noise in the Brexit saga is deafening, but by all accounts, we are closer on a customs arrangement on Northern Ireland, yet, still have to work on the issue of VAT. It is...
GBP/NOK tumbled yesterday, breaking below the 10.920 barrier, which is the lower end of the short-term sideways range that had been containing the price action since June 7th. The...
Type | 5 Min | 15 Min | Hourly | Daily | Monthly |
|---|---|---|---|---|---|
| Moving Averages | Sell | Buy | Buy | Strong Buy | Strong Buy |
| Technical Indicators | Strong Sell | Buy | Strong Buy | Strong Buy | Strong Buy |
| Summary | Strong Sell | Buy | Strong Buy | Strong Buy | Strong Buy |
Pattern | Timeframe | Reliability | Candles Ago | Candle Time | |
|---|---|---|---|---|---|
| Completed Patterns | |||||
| Engulfing Bullish | 30 | 6 | Dec 05, 2023 10:30AM | ||
| Rising Three Methods | 1M | 11 | Jan 23 | ||
| Three Outside Up | 15 | 12 | Dec 05, 2023 10:45AM | ||
| Engulfing Bullish | 15 | 13 | Dec 05, 2023 10:30AM | ||
| Engulfing Bullish | 1M | 15 | Sep 22 | ||
Time | Cur. | Imp. | Event | Actual | Forecast | Previous |
|---|---|---|---|---|---|---|
| Tuesday, December 5, 2023 | ||||||
| 04:00 | GBP | 156,525.00 | 153,529.00 | |||
| 04:30 | GBP | 50.70 | 50.10 | 48.70 | ||
| 04:30 | GBP | 50.90 | 50.50 | 49.50 | ||
| 05:00 | NOK | 0.50% | -0.50% | |||
| Wednesday, December 6, 2023 | ||||||
| 02:00 | NOK | 171.30B | ||||
| 04:30 | GBP | 46.90 | 45.60 | |||
| 05:30 | GBP | |||||
| 05:30 | GBP | |||||
| 06:00 | GBP | |||||
Bank of England(BOE) | ||
| Current Rate | 5.25% | |
| Chairman | Andrew Bailey |
| Current Rate | 0.00% | |
| Chairman | Øystein Olsen |