Technical analysis - Page 446

The British Pound is in focus this morning after The Bank of England (BOE) Governor Mark Carney gave a speech where he suggested that the soft patch in the first quarter was due to the weather and not the economic.

USDCAD is consolidating and building energy as liquidity conditions were tight this week with the Canada day holiday on Monday and US Independence day yesterday. The price is confined to a tight range around 1.31450 with resistance at 1.31755 and.

The EURGBP is trading at its 50 period MA in a 4 hour time frame at 0.88235 after it reversed its fall from yesterday this morning to reach 0.88411. This was on the back of reports that some members of.

Turkish Lira Turkish consumer price inflation jumped to 15.39%, a 14 year high and drove the lira lower and has put the central bank under pressure to raise interest rates again. Turkey’s Central Bank (CBRT) has raised interest rates by.

Mexican Peso The Mexican Peso (MXN) has surged on improving sentiment as Andres Manuel Lopez Obrador, the country’s next president spoke with President Trump about border security, the North American Free Trade Agreement (NAFTA) and a potential bilateral trade deal..

The gold chart has played out as a double top with a break under 1300.00 signalling a move down to 1240.00 from its highs at 1365.00. We have now hit the 1240.00 target area and some profits have been taken.

The GBPUSD pair has bounced back to its 100 period MA at 1.32273 from its low of 1.30493 last week. We now have support at the 50 period MA at 1.31841. The next level of support is 1.31024 which is.

AUDUSD The AUDUSD pair has moved higher to its 50 period MA today at 0.73875 after the RBA decided to maintain rates at 1.50%. The tone of the statement was neutral and the AUD moved higher towards the 0.74000 level..

The cryptocurrency market has stated the second half of the year with a rally and market capitalisation standing at $273bn. Last week Bitcoin dropped below $6000 as market sentiment remained negative but after the expiration of CME futures contracts the.

US stock indices are set to open lower today as trade war fears continue to plague market sentiment. It has been reported that the Trump administration is drafting a bill that allows government to raise tariffs without congressional consent which.

This pair is consolidating at present. The price is moving between 1.16500 and 1.14750. It is currently sitting between its 50 MA and its 100 MA at 1.15433 and 1.15564 respectively. Resistance comes in at the 1.15593 level followed by.

The AUDCAD pair is pushing lower again today as it rejects trend line support now turned resistance at 0.97410. The fall last week took the price under the trough of the double top at 0.99326 and now points to a.