ZuluTrade Blog
Today is “Super Thursday” as Brits are heading to the polls for the UK elections. Traders seem to be optimistic regarding the outcome as Cable moved to the upside yesterday wh... [More]
This analysis may give two potential trading setups by providing entries as well as exits. We keep it really simple and straightforward. Always review your own analysis, if th... [More]
GBPUSD is moving steady upwards within a rising channel for the last month. The agenda is full of events, starting with Theresa May’s comments about Manchester’s terrorist att... [More]
Cable is under selling pressure after BOE’s monetary policy statement. MPC members voted 7 to 1 keeping the interest rate unchanged. They are expecting higher inflation number... [More]
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]

Trading spot currencies involves substantial risk and there is always the potential for loss. Your trading results may vary. Because the risk factor is high in the foreign exchange market trading, only genuine "risk" funds should be used in such trading. If you do not have the extra capital that you can afford to lose, you should not trade in the foreign exchange market. Forex Brokers and ZuluTrade are compensated for their services through the spread between the bid/ask prices or there may be a cost to initiate a trade through the bid/ask spread. Signing up is totally free, and there is NO contract and NO monthly fees, ever.

This blog is for informational purposes only. This blog is not intended for distribution channels and may not be reproduced or distributed without the permission of Zulu Trade ltd or any of its affiliated entities (“ZuluTrade”). All opinions, news, prices or other information contained in this blog are provided as general market commentary and this report does not contain and it is in not to be considered in any circumstance as market analysis, offer or solicitation to buy or sell any financial instruments, personalized or general recommendation for any investment decision or investment strategy by ZuluTrade, in any jurisdiction in which such offer, solicitation, purchase or sale would be unlawful under the securities laws of such jurisdiction. The information contained in this blog should not be construed as financial or investment advice on any subject matter. The financial instruments referred to herein may not be suitable for all investors and any investments on such financial instruments requires the assessment by each investor and its counsels of the investor’s investment characteristics, including the investment risks which the latter is willing to assume. This blog has been based on information which has been made public, obtained from sources believed to be reliable, but it has not been verified by ZuluTrade. No representation or warranty (expressed or implied) is made as to the accuracy, completeness, correctness, timeliness or fairness of the information or opinions herein, all of which are subject to change without notice. No responsibility of liability whatsoever of howsoever arising is accepted in relation to the contents hereof by ZuluTrade or any of its directors, officers, employees. Further, no representation is being made that any results will be achieved, and past performance is not indicative of future performance.