GBPUSD is making a second break at the daily high. The first move failed after the price move toward the next target at the 1.2543 level, fell short. As a result, the price rotated back lower and found support at the 100h MA which is a good sign for the longs. Stay long as long ...
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Two important interest rate decisions for forex traders Two important interest rate decisions for forex traders this week FOMC interest rate decision on Wednesday, December 14 at 2:00 PM ET/1900 GMT. It was a year ago that the FED last hiked and all investors believe they will hike again this ...
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Forex Outlook and Analysis Investors could come to the conclusion that the policies in the coming years would be around lower tax, higher government spending especially on infrastructures, less regulations. Industrial and financial stocks benefited most from such expectations. While USDollar was overwhelmingly strong for the week, it should be ...
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