Archive for August, 2015

  • More Relief for the Euro
    Posted by on August 12th, 2015 at 1:19 pm, Comments: 0

    The $EURGBP ended last week back above the key 0.7000 support level. After breaking last week’s low, the EUR/GBP printed another failed low at 0.6949. […]

  • CHART OF THE WEEK: RBA WAGS BACK
    Posted by on August 7th, 2015 at 10:13 am, Comments: 0

    The $GBPAUD daily chart posted this week is the clear winner. I like the Reserve Bank of Australia (RBA). They have actually been neutral for […]

  • BoE Thursday Provides Clarity
    Posted by on August 7th, 2015 at 5:19 am, Comments: 0

    After three weeks of trading, the USD has been unable to move the $GBPUSD lower since the lows at 1.5329. The rout in the commodity […]

  • RBA Remains Neutral
    Posted by on August 4th, 2015 at 6:05 am, Comments: 0

    Since consolidating in a triangle pattern back in March, the $GBPAUD has extended its break of the triangle pattern to stage a breakout rally to […]