GBPUSD Outlook Worsens After Rapid Fall

Either the Federal Reserve (Fed) doves are going seriously ahead of themselves, or there will be a big disappointment when the Fed will announce its policy decision tomorrow. Or… the Fed will align with the market and give investors want they want, to avoid creating further panic. The expectation of a 50bp is now assessed […]

Gold reversed from key support level 2150.00 Likely to rise to resistance level 2197.00 Gold earlier reversed up from the key support level 2150.00 (former strong resistance, which stopped the earlier upward impulse wave (1) in December). The upward reversal from the support level 2150.00 started the active impulse wave 3, which belongs to the […]

The Australian dollar edged lower but recovered in the Asian session. AUD/USD is showing little movement in the European session, trading at 0.6660. RBA minutes: members discussed rate hike The minutes of the Reserve Bank of Australia’s meeting earlier this month indicated that members discussed the possibility of a rate hike before deciding to hold […]