Welcome to this week’s Market Blast.Read More
Over the last month the Pound has gained substantially and we see some familiar consolidation patterns forming so watch for breakouts from these trendlines. However, technical analysis often takes a back seat to Fundamentals in London with more Brexit chaos looming.
In fact, the economic calendar is full of events this week, from almost every region, including interest rate decisions in the US, the UK and Switzerland.Read More
Gold shorts are doing well since the peak 2 weeks ago.We are currently at a key level and a break below could see us hit $1278 and lower.
Looking at the US majors we are seeing dollar strength on most pairs and we are at or near key levels on most so we will have lots to watch this week.Read More
Cable and the GBP pairs are back in focus with a possible delay to the Brexit deadline which is helping the pound.
Will this be a short delay or a long delay? This will determine the level of pound strength and we are near support on EURGBP and watch the next key levels on GBPUSD and GBPCAD.Read More