The EURGBP has been moving higher since the middle of April but we have good reasons to believe that upside momentum has stalled and in fact we are reversing lower.
Grega is going over the GBPUSD, GBPJPY, Crude Oil using his Elliott Wave “magic”.
Gold and Silver are assets which have been of great importance for thousands of years. Up until a few decades ago, gold was explicitly linked to currencies (such as the US$) and was broadly used as money.
Watch this comprehensive preview from Nicola Duke preparing you for what is coming ahead this week using her unique Harmonics approach and mesmerizing voice.
Turkey is certainly a very interesting and, at times, controversial country. As a result the Turkish Lira can exhibit very volatile behaviour, something that has been particularly evident over the past decade.
It was on this blog that we posted on the 22nd of January a post called “USDMXN: Multiple signs point to a reversal” and predicted that the USDMXN was finally about to reverse the 3.5 year old wild uptrend that brought it up, all the way to the 22 handle.
We are fully aware that EUR is one of the currencies that market participants have loved to hate since the EZ crisis of 2010 -2011.
The NZD has been fairly bullish against most majors as we head into today’s RBNZ decision. Read more