Related Posts

EURGBP: Is it forming a bullish triangle?

EURGBP got a positive momentum following Draghi’s comments earlier today. Draghi said that “ECB may change policy to keep stance unchanged but not tighten, while they also see European’s zone growth above trend and all signs are now pointing to strengthening and broadening recovery in European Zone” (via Reuters). The technical overview of EURGBP looks […]

USDJPY Technical Daily View

The Dollar-Yen pair is consolidating around 115 – 112 for several days now. We are expecting volatile price action today as we are having plenty USD news as well as BOJ’s monetary policy statement tonight.  Analysts believe that USDJPY has to reclaim 115 level in order to secure the upward momentum. Important upcoming news: Source: […]

Weekly Digest – The highlights that will impact USD rates.

The previous week was relatively quiet for major economic calendar events and political developments, but that didn’t prevent major currency pairs moving in wide ranges, offering up tremendous opportunities for the ZuluTrade community to profit. A quick look at the weekly movements reveals that the USD made significant, stealth-like gains, throughout the trading week. On […]