Posts

Chart of the Day -EURGBP- (Jan. 23rd 2019)

The EURGBP is about to trigger a double top pattern as we test the 88% retracement on the daily chart.

King Dollar No More?

The US Dollar has experienced a prolonged and material decline in 2017. The DXY index has dropped from 102.80 (2nd January) to 91.33 (8th September), which roughly represents an 11% loss.

Deciphering the BoE

The Bank of England’s Monetary Policy Committee met last week and there were some interesting developments. We will try to sieve through the plethora of information and pick what we think were the salient points.