Technical Analysis
Technical analysis is a way of predicting the future forex market movements based on previous market movement patterns and trends. From a Technical Analyst’s viewpoint all fundamental aspects are already a part of the previous market movements and therefor needs no special consideration. The main tool by witch to analyse the forex market is forex charts.
GBPUSD Resilient Consolidation into Manufacturing PMI Data
On Friday 1st May at 9.30 am BST (GMT+1) local time the Manufacturing PMI Data for the UK is released. Although we see…
NZDUSD Poised into Key Chinese Purchasing Managers Data
On Thursday 23rd April (at 2.45 a.m. UK time) the market sees the release of the HSBC Flash China Manufacturing PMI. Of the…
USDJPY Upside Threat within the Broader Range
A still firmer rebound as we had anticipated for Tuesday to build on the bullish outside and engulfing pattern Monday to probe above 119.75 and aim…
GBPUSD Negative Bias into UK Construction PMI Data
Significant data Thursday for the UK and to a lesser extent for the US sees a bias for a notable GBPUSD price move….
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