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GBP/USD Off the High as USD Recovers

Team FX Trading Revolution | Jun 22, 2018

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Crude Oil Accumulates Under $68.00

Team FX Trading Revolution | Jun 22, 2018

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Trump's Tweet Hits Euro Hard

Team FX Trading Revolution | Jun 22, 2018

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USD/JPY Struggling Around 200 SMA

Team FX Trading Revolution | Jun 22, 2018

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Bitcoin: Breaking Monthly Lows

Team FX Trading Revolution | Jun 22, 2018

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NZD/USD: Consolidating Near 0.69 Ahead of PMI

Team FX Trading Revolution | Jun 22, 2018

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AUD/USD Prints Session High Above 0.7400

Team FX Trading Revolution | Jun 22, 2018

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USD/CAD Surge Up After Data

Team FX Trading Revolution | Jun 22, 2018

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EUR/USD Tests Broken Structure

Team FX Trading Revolution | Jun 22, 2018

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GBP/USD: Trading Scenarios_06/22/2018

Team FX Trading Revolution | Jun 22, 2018

GBP/USD Off the High as USD Recovers

06/22/2018
at 3:10 PM
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GBP/USD posts high near 1.3314 today and retreated back towards mid 1.3200 as US Dollar recovered. However, it is still closing the day and the week on positive node. Recent drop in Sterling is attributed to Trump's tweet about imposing tariff on European cars. The pair is getting bearish outlook ... Read More...

Crude Oil Accumulates Under $68.00

06/22/2018
at 2:37 PM
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Crude oil rose to $67.93 level and is now consolidating daily gains. The black gold went up within two weeks range but capped below $68. OPEC has also announced increasing one million bpd. Support 1: 67.34 June 1, low Support 2: 67.00 figure Support 3: 66.56 May 31 low Resistance ... Read More...

Trump's Tweet Hits Euro Hard

06/22/2018
at 2:33 PM
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Trump has tweeted that the U.S will impose 20% tariff on European cars. EUR/USD has sharply spiked down after the tweet. Read More...

USD/JPY Struggling Around 200 SMA

06/22/2018
at 2:07 PM
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USD/JPY stalled its uptick move near 200 SMA and retreated from the session highs. US Dollar has extended weakness started yesterday and the Dollar Index has retreated more than 100 pips after hitting 11 months high. Technical Levels to Watch The 200 SMA presents as decisive resistance at 110.25 followed ... Read More...

Bitcoin: Breaking Monthly Lows

06/22/2018
at 1:45 PM
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Although Mt. Gox is not going to sell Bitcoin any further but market is not stopping on it and Bitcoin has broken the June low. At the same time, Japanese officials have enforced exchanges to protect against money laundering. Bitcoin is now trading at $6110 falling slightly below the monthly ... Read More...

NZD/USD: Consolidating Near 0.69 Ahead of PMI

06/22/2018
at 1:29 PM
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NZD/USD started off the day with positive outlook extending beyond 0.6900 mark and consolidating near session high ahead of PMI data release. Earlier today, NZD visitor arrival contracted 9% in April, came in at 6.2% for May on yearly basis that preserved the bullishness. Moreover, US Dollar retraced from the ... Read More...

AUD/USD Prints Session High Above 0.7400

06/22/2018
at 1:04 PM
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AUD/USD maintained the bid tone today during early NY session and is now consolidating gains below daily high. US Dollar has been retracing since yesterday after the soft economic data released and drop in yield. Sentiment has improved in commodity prices especially copper that has supported the recent uptick in ... Read More...

USD/CAD Surge Up After Data

06/22/2018
at 12:46 PM
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USD/CAD has sharply surged up after CPI and retail sales data missed expectation. Loonie is also weakened by withdrawn expectation of rate hike. Technically the pair has broken above daily high at 1.3334 where several buy stop orders helped the pair gain further. But the pair retreated after marking high ... Read More...

EUR/USD Tests Broken Structure

06/22/2018
at 12:32 PM
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The EUR/USD has retreated from the daily top towards important resistance level that was earlier broken today. Broken trendline and 200 SMA are magnetic levels now and clearing those levels again will be decisive on either side. The pair is bullish as long as it holds above 1.1600 handle. Resistance ... Read More...

GBP/USD: Trading Scenarios_06/22/2018

06/22/2018
at 11:27 AM
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In June, the GBP / USD updated its annual low near the 1.3105 mark, reached two days earlier. Nevertheless, after yesterday's meeting of the Bank of England, GBP / USD is growing on Friday for the second day in a row, reaching 1.3315 in the beginning of the European session. ... Read More...