Mary Grace
gbp/usd
GBP/USD was seen topping 1.30 – hitting the highest since March. Pound is seen defying broad dollar strengths but the demand may be a result for end of month flows. Support at 1.2910 and 1.2845. Next line to keep an eye out for is 1.2775. Initial resistance is at 1.2975, and further above it’s 1.307
Crypto..
From one crypto fan to another: so good to see all the action in BTC/USD as it beats key technical resistance and jumped 20% this week. Weakening of USD as well as bullish market activity is underpinning top cryptocurrencies and precious metals. However, let’s wait and see the latest FOMC decision t
Covid Vs Australia - who's winnin'?
Extra, extra – hear all about it! Greater Sydney will be declared a COVID19 Hotspot by Queensland on Sat – which means that no one from Greater Sydney will be able to enter Queensland effective 1am Saturday. Australia’s PM has commented that the outbreak in Melbourne has impacts on the Australian ec
Some thoughts on EUR/USD...part 2...
More on EUR/USD! It was seen trading at a fresh 22 month highs. It pierced through a notable resistance near 1.1600 and is appearing to be in a technical breakout after taking out the March highs last week. The only thing that is perhaps standing in the way is an overbought condition. Next level to
Some thoughts on EUR/USD...
The Euro has been observed up almost 8.5% against the USD over the past 3 months – indicating an increase in investor’s confidence in the continent. The EU has been experiencing tail winds lightly in terms of containment of the virus, and mostly with their EU recovery package finalization, so more t
Aye, gold!
Excellent news for gold traders as the yellow metal keeps cheering US dollar weakness as well as geopolitical tension adding to upside momentum. Many are cheering gold to break $2,000, including yours truly, indeed! Keep an eye and ear out for US fiscal package update, coronavirus news and US data a
Pull-up Update