ZuluTrade Blog
Cable is consolidating below 1.30 level and remains neutral to bullish in short term (bullish in midterm). The next major resistance is at 1.315 where there is confluence with... [More]
Following yesterday’s post, Cable has confirmed the bullish pattern noted. The pattern is a bullish flag, which gives a potential target of 300pips to the upside. The flag’s t... [More]
The Pound had a minor decline against USdollar yesterday. We are not expecting any major news until Friday where GDP -QoQ will be released.... [More]
The Cable is reacting early and positively on the Election announcement. The markets anticipate optimistism for the upcoming Brexit negotiations and could help a soft Brexit s... [More]
On Thursday, we reviewed the major pairs and created potential trading plans following Jobless Claims report. Let’s see what happened after the event.... [More]
We have noted major zones that define the current price action for each pair. These zones can be very useful as support and resistance areas for intraday trading setups. Moreo... [More]
Today is Brexit DAY! Theresa May has signed and will deliver the Article 50 triggering letter today. Most traders believe that the market has priced in the event on cable, but... [More]
Finally, February’s payroll report came in better than estimated, 235k actual versus 190k expected. While Labor force participation was increased to 63% (Prev: 62.9%) and Ave... [More]
Markets are expecting 190k jobs increase this month versus last month’s 227k while unemployment rate 4.7% versus 4.8%. In the event of a positive NFP, a rate hike will be conf... [More]
Jobless Claims will be in focus today but we are not expecting big surprises as a result. Upcoming News:... [More]

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