Key levels for the Sterling against the US Dollar

We have been observing the Cable for quite a while since the Brexit vote and its smooth recovering after the laws touched in June 2016 is now touching once again a key resistance, the same level that was two times previously hit without a break through. It is hard to say whether there will be … Continue reading Key levels for the Sterling against the US Dollar

Is the kiwi losing its bearish momentum shown after the last RBNZ decisions?

SHORT ON NZD/USD Signal released on 10/02/2017 Status of the signal: CLOSED WITH PROFIT ON TARGET Despite the decision of leaving the interest rate unchanged taken this week by the RBNZ and the related Governor Wheeler's statement traders latched onto the central bank's call for a lower and more sustainable currency. The cross rebounded yesterday … Continue reading Is the kiwi losing its bearish momentum shown after the last RBNZ decisions?